Question

For an article the profit is 170% of the cost
price. If the cost price increases by 20% but the
selling price remains same, then what is the
new profit percent?​

Answer 1

Step-by-step explanation:

let, cost price be=100

selling price= 100+170 =270

new cost price= 100+20=120

then , profit = 270-120 = 150

so, the profit percentage= 100×150/120 =125 %

Answer 2

Answer: 125%

Step-by-step explanation:

CP: 100

Profit: 170% of 100= 170

SP: 170+100= 270

NOW,

CP increases by 20%, new CP: 120

SP: 270

Profit: 270-120 = 150

Profit percentage:

$\frac{150}{120} \times 100 = \frac{1500}{12}$

$125 percentage$