Question

for an article the profit is 170% of the cost price if the cost price increases by 15% but the selling price remains same, then profit is what percentage of selling price?

Answer 1

say price of article is 100 rs then selling price is rd 270
now price of attack turns 115 but selling price remain 270
therefore profit becomes 155
thus profit becomes 134.78 percent

Answer 2

The percentage of the selling price after increasing cost price is 125%.

Given:

The profit earned by selling the product = 170%  

Let the cost price be Rs.1000

170% of cost price $=170 \% \times 1000=R s .1700$

Solution:  

By formula, profit = selling price – cost price

1700 = SP – 1000

SP = 1700 + 1000 = 2700

Given the cost price increases by 15%, the new cost price be 120% of CP $=120 \% \times 1000=R s .1200$

Since the SP is the same, Rs.2700

Profit = SP – CP = 2700 – 1200 = 1500

$\bold{\text {Profit} (\%)=\frac{\text { Profit }}{C P} \times 100}$

$=\frac{1500}{1200} \times 100$

$=125 \%$.