Question

In a certain store profit is 320 % of cp .If cp is raised 25 % and sp remain same then the profit will be what percent of sp

Answer 1

Step-by-step explanation:

0%

Lets assume initial cost price (CP) is 100.

The profit (P) is 320 (320% of 100 is 320)

Selling Price (SP) is CP +P. So SP must be 420

Now CP increases by 25%. So new cost price (CP1) is 125.

SP remains constant at 420

New profit (P1) is SP - CP1 = 295

P1 as a percentage of SP is (295/420) x 100 = 70%

or

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 =(295/420)*100=70%-approx