Ravi purchased a refrigerator and a mobile phone for Rs. 15000 and Rs. 8000 respectively. He sold the refrigerator at a loss of 2 percent and the mobile phone at a profit of 10 percent. Overall he make a.
Choose the correct choice from the following choices:
A) 228  B) 288  C) 500  D) 200  E) 881

Rationale: "let the sp of the refrigerator and the mobile phone be rs . r and rs . m respectively . r = 15000 ( 1 - 2 / 100 ) = 15000 - 300 m = 8000 ( 1 + 10 / 100 ) = 8000 + 800 total sp - total cp = r + m - ( 15000 + 8000 ) = - 300 + 800 = rs . 500 as this is positive , an overall profit of rs . 500 was made . answer : c"
Answer: C