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 11 of 15.
Danish.jamia said:
1 decade ago
You have taken wrong formula, the correct form is (profit*100) /cp.
Rukhsaar said:
1 decade ago
Formulae is P% = P/C.P*100 then why we are taking 420 which is S.P?
Bala said:
6 years ago
I didn't understand. How can you fix C.P value 100? Please tell me.
Vikash kumar said:
1 decade ago
But here it is specifically asked for sp (read the question).
Supriya said:
9 years ago
How to calculate 1475/21?
How did 70% come? Please explain?
How did 70% come? Please explain?
Anshuma Chugh said:
2 decades ago
Maths is so complicated, Is not so, needs so much practice.
Vijay said:
9 years ago
Hello @Vindo,
He finding percentage, not profit percent.
He finding percentage, not profit percent.
Khaleel said:
1 decade ago
Hi nitesh if we take cp=100 your principle not works.
Mittalvarun2011 said:
1 decade ago
Thanks Nitesh and malini for such a nice explanation.
Ankit Yadav said:
7 years ago
How they can use 420 it is SP?
Explain me in detail.
Explain me in detail.
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