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.
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295 | x 100 | ![]() |
= | 1475 | % = 70% (approximately). |
420 | 21 |
Video Explanation: https://youtu.be/bQA8SB8ycbw
Discussion:
146 comments Page 13 of 15.
Avinash reddy said:
6 years ago
Thanks for giving the solution @Anjali K.
Manasa said:
3 years ago
How they have get 21%? Please explain me.
(3)
Sunil bhandari said:
4 years ago
Thank you all for explaining the answer.
Alka Raikwal said:
8 years ago
Very good explanation, Thanks @Malini.
Harika said:
6 years ago
Good explanation, Thank you. @Malini.
Sagar khurd said:
1 decade ago
25% cp is 1250 how that value get.
Vaishnavi shikha said:
7 years ago
Sp= cp + profit.
So, 100+320=420.
So, 100+320=420.
Nitu said:
10 years ago
I can't understand the solution.
Sanket wankhede said:
9 years ago
How did 420 came into existence?
Arti sharma said:
5 years ago
Thank you all for explaining it.
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