A cricket bat was purchased for ₹ 800 and was sold for ₹ 1600. Then profit earned is
(a) 100%
(b) 64%
(c) 50%
(d) 60%
Profit = \(1600 - 800 = 800\). Percentage = \(\dfrac{800}{800} \times 100 = 100\%\).