Ravi purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 4 percent and the mobile phone at a profit of 11 percent. Overall he make a.  Options.
A) 228  B) 288  C) 27  D) 200  E) 280

Rationale: "let the sp of the refrigerator and the mobile phone be rs . r and rs . m respectively . r = 15000 ( 1 - 4 / 100 ) = 15000 - 600 m = 8000 ( 1 + 11 / 100 ) = 8000 + 880 total sp - total cp = r + m - ( 15000 + 8000 ) = - 600 + 880 = rs . 280 as this is positive , an overall profit of rs . 280 was made . answer : e"
Answer: E