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 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.

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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