Subject
Bank Exam
Topic
Janata Bank Executive Officer 2017 (Morning)
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.= 100 TK Then, Profit = 320 TK S.P. = 420 TK New C.P. = 125% of 100 TK = 125 TK New S.P. = 420 TK Profit = Rs. (420 - 125) = 295 TK Required percentage = (295/420) * 100 = 70%(approx)Related questions
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