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 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%.

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.


Post your comments here:

Your comments will be displayed after verification.