Ramu bought an old car for Rs. 38000. He spent Rs. 12000 on repairs and sold it for Rs. 64900. What is his profit percent?
Answers:	A) 17 %	B) 19 %	C) 18 %	D) 14 %	E) 29.8 %

Rationale: "total cp = rs . 38000 + rs . 12000 = rs . 50000 and sp = rs . 64900 profit ( % ) = ( 64900 - 50000 ) / 50000 * 100 = 29.8 % answer : e"
Answer: E