In a certain store, profit is 320 % of cost. If cost increases by 25 % but selling price remains con

English

Gujarati

Hindi

7.Profit and Loss

medium

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?

A

$30$

B

$70$

C

$100$

D

$250$

Solution

Let $C P=Rs$. $100$

After $320 \%$ profit $S P=R s .420$

After increasing cost the,

$CP = Rs. 125 \quad[25 \%$ cost increase $]$

Profit $=420-125=$ $Rs. 295$

$\frac{295}{420} \times 100=70 \%$ (Appx.)

Standard 13

Quantitative Aptitude

Share

Similar Questions

A garment company declared $15 \%$ discount for wholesale buyers. Mr. Ashish bought garments from the company for $Rs.\, 25000$ after getting discount. He fixed up the selling price of garments in such a way that he earned a profit of $8 \%$ on original company price. What is the approximate total selling price? (in $Rs.$)

hard

A vendor started selling vegetables at $Rs. 10$ per $k g,$ but couldn't find buyers at this rate. So, he reduced the price to $8.10 / kg ,$ but uses a faulty weight of $900\, g$ for $1\, kg .$ Find the percent change in the actual price or loss.

medium

Kamya purchased an item for $Rs.\, 46,000$ and sold it at aloss of $12$ percent. With that amount she purchased another item which he sold at a gain of $12 \% .$ What was her overall gain/loss?

easy

A shopkeeper gains the cost of $8$ metres thread by selling $40$ metres thread. Find his gain percent.

medium

By selling $100$ oranges, a vendor gains the selling price of $20$ oranges. He gain percent is

medium