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?
30%
70%
100%
250%
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:
146 comments Page 12 of 15.

Maahi said:   2 years ago
I can't understand this.Anyone explain this to me?
(16)

Sowmya said:   10 years ago
Thanks you so much every one for nice discussion.

Bhushan said:   9 years ago
From where the value 1475 come? Give explanation.

Kavi said:   1 decade ago
Somebody please explain me the question clearly.

Mongam said:   6 years ago
I am not understanding. Please, anyone, help me.

Prince said:   5 years ago
Can anybody tell me, why to assume the cp 100?
(4)

Vivek said:   1 decade ago
You can assume 100 or x becoz for simplicity.

Adeesh dhiman said:   10 years ago
Why did put in the question p = gain/sp*100?

Bhavi said:   1 decade ago
The answer is 236% is we substitute CP=125.

Deepika said:   9 years ago
Thanks for your clear explanation @Malini.


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