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.
 Required percentage = |
 |
295 | x 100 |  % |
= | 1475 | % = 70% (approximately). |
| 420 | 21 |
Video Explanation: https://youtu.be/bQA8SB8ycbw
Discussion:
146 comments Page 15 of 15.
Disha said:
6 years ago
How come 1475/21 = 70%?
Meera Salim said:
5 years ago
Thank you @Malini.
Dnayak said:
6 years ago
Yes, it is 236.
Anu said:
6 years ago
Thanks @Malini.
Sinu said:
1 decade ago
Thanks malini.
Jaat tomar said:
1 year ago
Good, Thanks.
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