Question

If a commodity is sold for 1,500, there is a profit of 25%. If the cost price is increased by
100, find the profit percent.​

Answer 1

Answer:

15.38%

Step-by-step explanation:

sp=1500

profit =25%

cp=1500*100/25=1200

if cp increased by 100

then cp =1200+100=1300

sp=1500

profit=1500-1300=200

profit %=200*100/1300=15.38%