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

Option 1)
30%
Option 2)
70%
Option 3)
75%
Option 4)
250%
Option 5)
100%

Answers (1)

best_answer

Let CP = 100 SP = 420

if CP = 125 SP = 420

Then $\frac{295}{420}\times 100=70\; ^{0}\! /_{0}$ ( approx.)

Posted by

rishi.raj

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