Final answer:
The profit is Rs 383.75.
Step-by-step explanation:
The profit can be calculated by subtracting the total cost from the total revenue.
In this case, the total revenue is given as Rs 590 and the total cost is the product of the quantity of 75 and the average cost of Rs 2.75 per unit.
Profit = Total Revenue - Total Cost
= Rs 590 - (75 x Rs 2.75)
= Rs 590 - Rs 206.25
Therefore, the profit is Rs 383.75.