Question

In a certain store, the profit is 320% of the cost. If the cost increases by 40%, but selling price remains constant, what percentage of the selling price is the profit?

Answer 1

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

hope it helps u!!!!!!!!