Jimmy bought paper sheets for Rs. 7200 and spent Rs. 200 on transport paying Rs. 600 he had 330 boxes made, which he sold at Rs. 28 each .What is his profit percentage?

Options

A. `15.5`
B. 40
C. 60
D. None of these

Answer

To find the profit percentage for Jimmy's transaction, we will follow these steps:

### Step 1: Calculate the Total Cost Price (CP)
The total cost price includes the cost of the paper sheets, the transport cost, and the cost of making the boxes.

- Cost of paper sheets = Rs. 7200
- Transport cost = Rs. 200
- Cost of making boxes = Rs. 600

**Total Cost Price (CP) = Cost of paper sheets + Transport cost + Cost of making boxes**
\[ CP = 7200 + 200 + 600 = 8000 \]

### Step 2: Calculate the Total Selling Price (SP)
The selling price is calculated by multiplying the number of boxes sold by the selling price per box.

- Number of boxes = 330
- Selling price per box = Rs. 28

**Total Selling Price (SP) = Number of boxes × Selling price per box**
\[ SP = 330 \times 28 = 9240 \]

### Step 3: Calculate the Profit
Profit is calculated by subtracting the total cost price from the total selling price.

**Profit = Total Selling Price - Total Cost Price**
\[ Profit = SP - CP = 9240 - 8000 = 1240 \]

### Step 4: Calculate the Profit Percentage
Profit percentage is calculated using the formula:
\[ \text{Profit Percentage} = \left( \frac{\text{Profit}}{\text{Cost Price}} \right) \times 100 \]

Substituting the values:
\[ \text{Profit Percentage} = \left( \frac{1240}{8000} \right) \times 100 \]
\[ \text{Profit Percentage} = \left( 0.155 \right) \times 100 = 15.5\% \]

### Final Answer
The profit percentage is **15.5%**.

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