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 3 of 15.
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.
Jigyasu Singh said:
6 years ago
As we all know, %p = {(sp-cp)/cp} * 100.
But here it is given that, what percentage of the selling price is the profit?
So the proffit percent is calculated in terms of s.p.
But here it is given that, what percentage of the selling price is the profit?
So the proffit percent is calculated in terms of s.p.
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