Aptitude - Profit and Loss - Discussion
Discussion Forum : Profit and Loss - General Questions (Q.No. 4)
4.
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?
Answer: Option
Explanation:
Let C.P.= Rs. 100. Then, Profit = Rs. 320, S.P. = Rs. 420.
New C.P. = 125% of Rs. 100 = Rs. 125
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295.
 Required percentage = |
 |
295 | x 100 |  % |
= | 1475 | % = 70% (approximately). |
| 420 | 21 |
Video Explanation: https://youtu.be/bQA8SB8ycbw
Discussion:
147 comments Page 10 of 15.
Jaspreet singh said:
1 decade ago
Thank you so much to every one for nice explanation. Great site to learn.
Dnyan said:
6 years ago
%gain = P/cpx100 then why here instead of cp, sp is used? Please tell me.
Selvam said:
1 decade ago
Hai friend I can't unterstand your concept please explain one more time.
Charulatha said:
8 years ago
The profit%=(sp-cp)/cp*100.
Then how we take as profit%=(sp-cp)/sp*100.
Then how we take as profit%=(sp-cp)/sp*100.
(1)
Swimmi said:
1 decade ago
Why sp 420 is calculated when it is given that sp will remain constant?
Amreen Zubaida said:
4 years ago
Hi, I am not getting this clearly. Anyone, please help me to get this?
Rohini said:
1 decade ago
We don't have any formula p% = p/sp*100
We have sp = (100+p%)*cp/100
We have sp = (100+p%)*cp/100
Eshan said:
1 decade ago
In last formula %profit=(CP*100)/profit
according to it ans is A.30%
according to it ans is A.30%
Priti said:
1 decade ago
There is some confusion for profit% formula. Please give me answer ?
Roohi said:
1 decade ago
How you have calculated 25% for cost price? If CP is assumed as 100.
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