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 15 of 15.
Anu said:
6 years ago
Thanks @Malini.
Aakash Parmar said:
6 years ago
Suppose C.P = 100 R.S.
Profit = 320 % so profit in R.S= 100*320% = 320 R.S . So S.P = 420 R.S.
now C.P increase 25% so now CP = 125 R.S.
S.P remain 420 R.S.
Profit %= (420-125)/125*100 = 236%.
Profit = 320 % so profit in R.S= 100*320% = 320 R.S . So S.P = 420 R.S.
now C.P increase 25% so now CP = 125 R.S.
S.P remain 420 R.S.
Profit %= (420-125)/125*100 = 236%.
Meera Salim said:
5 years ago
Thank you @Malini.
Arti sharma said:
5 years ago
Thank you all for explaining it.
Amreen Zubaida said:
4 years ago
Hi, I am not getting this clearly. Anyone, please help me to get this?
Sunil bhandari said:
4 years ago
Thank you all for explaining the answer.
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