Subject
Quantitative Aptitude
Topic
Profit & Loss
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?
ক)
30%খ)
70%গ)
100%ঘ)
250%Explanation
Let , C.P.= Tk. 100. Then, Profit = Tk. 320 S.P. = 100+320 = Tk. 420. New C.P. = 125% of Tk. 100 = Tk. 125 New S.P. = Tk. 420. Profit = Tk. (420 - 125) = Tk. 295. Required percentage = (295/420) x 100% = (1475/21)% = 70% (approximately)Related questions
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