Home > Practice > Arithmetic Aptitude > Profit & Loss > Miscellaneous
1. In a certain 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?

Solution:
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
=(295420×100)%=147521%=70%(approximately)

You must login to add comments. Login now.