Jameel bought paper sheets for Rs. 7200 and spent Rs. 200 on transport. Paying Rs 600 he had 330 boxes made. Which he said at Rs. 28 each. What is his profit Percentage?
A. 15.5
B. 40
C. 60
D. None of these
Explanation:
330 boxes = Rs. (7200 + 200 600) = Rs. 8000
330 boxes = Rs. (330 × 28) = Rs. 9240
Gain% = (1240/8000 × 100)% = 15.5%