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:
147 comments Page 3 of 15.
Sunil bhandari said:
4 years ago
Thank you all for explaining the answer.
Amreen Zubaida said:
4 years ago
Hi, I am not getting this clearly. Anyone, please help me to get this?
Prince said:
5 years ago
Can anybody tell me, why to assume the cp 100?
(4)
Subhojit Mukherjee said:
5 years ago
Give Profit = 320% of CP = 3.2CP.
SP-CP = 3.2CP.
SP = 4.2CP.
New CP = CP+(25% of CP).
New CP = CP+(CP/4).
New CP = 1.25CP.
New Profit = SP- New CP.
New Profit = 4.2CP - 1.25CP.
New Profit = 2.95CP.
Required Percentage = (2.95CP/4.2CP)*100.
= 70.23%.
= 70%(approximately),
SP-CP = 3.2CP.
SP = 4.2CP.
New CP = CP+(25% of CP).
New CP = CP+(CP/4).
New CP = 1.25CP.
New Profit = SP- New CP.
New Profit = 4.2CP - 1.25CP.
New Profit = 2.95CP.
Required Percentage = (2.95CP/4.2CP)*100.
= 70.23%.
= 70%(approximately),
(6)
Arti sharma said:
5 years ago
Thank you all for explaining it.
Meera Salim said:
5 years ago
Thank you @Malini.
Raju said:
6 years ago
Profit = 320%of Cp.
Profit = 320/100 *cp.
Profit/cp = 320/100.
Profit = SP-CP.
320 = Sp-100.
Sp = 420.
CP is increase by 25% = 100+25 = 125.
New Cp = 125.
Profit = Sp-Cp.
P = 420-125 = 295.
Since it is ask for Sp,
P% = 295/420*100 = 70%.
Profit = 320/100 *cp.
Profit/cp = 320/100.
Profit = SP-CP.
320 = Sp-100.
Sp = 420.
CP is increase by 25% = 100+25 = 125.
New Cp = 125.
Profit = Sp-Cp.
P = 420-125 = 295.
Since it is ask for Sp,
P% = 295/420*100 = 70%.
(4)
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%.
Anu said:
6 years ago
Thanks @Malini.
Dnyan said:
6 years ago
%gain = P/cpx100 then why here instead of cp, sp is used? Please tell me.
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