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 14 of 15.

Saran said:   1 decade ago
How is selling price is 420. ?

Kalyani said:   1 decade ago
How we will get the value 420?

Vijayalakshmi said:   1 decade ago
Please give shortcut for this.

Varun said:   1 decade ago
thax guys for explain clearly

Priya.D said:   10 years ago
How did you assume C.P value?

Radha said:   1 decade ago
Very niceexplanation malini.

Dinesh said:   1 decade ago
Good explanation malini.

Ann said:   1 decade ago
Good explanation Malini!

Sourav said:   6 years ago
%p = {(sp-cp)/cp} * 100.

Vinay said:   9 years ago
Good question @Supriya.


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