in a certain store the profit is 320% of the cost . if the cost increases by 25% but sp remains constant , approximately what % of the sp changed
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what is sp meaning here
arya107:
selling price
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Hey,sup!
Let the CP be 100x.
Profit%=320%.
Selling price= 100x(1+320/100)=420x.
If the cost increases by 25%.
That means 100x(1+25/100) = 125x.
SP remains constant at 420x.
Kindly edit your questions,It doesn't make any sense from here.
Hope it helps.
Let the CP be 100x.
Profit%=320%.
Selling price= 100x(1+320/100)=420x.
If the cost increases by 25%.
That means 100x(1+25/100) = 125x.
SP remains constant at 420x.
Kindly edit your questions,It doesn't make any sense from here.
Hope it helps.
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