Question

. In a particular store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit?

Answer 1

let cost price is 100 rs

therefore profit is 320 rs

selling price is 420 rs

now new cost price is 125 rs

but selling price remains same as 420 rs

therefore , profit = 420 -125

= 295

when , cost price is 125 -------- profit is 295

then , 100 % ----------- profit = ? %

profit % = 100 ×295 /125

profit % = 4×295 / 5

profit % = 4× 59

profit % = 236 %