(i) Profit = (Income $ - $ Expenditure) (ii) Profit per cent = (Profit/Expenditure $ \times $ 100) (iii) Loss = (Expenditure $ - $ Income) (iv) Loss per cent = (Loss / Expenditure $ \times $ 100) What is the average profit earned by the businessman during April, May and August? (in thousand)
A) 280
B) 220
C) 240
D) 200
E) 260
Correct Answer: C