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In A Certain Business, The Profit Is 220% 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 ? |
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Answer» Let C.P.= Rs. 100. Then, PROFIT = Rs.220, S.P. = Rs.320. New C.P. = 125% of Rs. 100 = Rs. 125 New S.P. = Rs.320. Profit = Rs. (320 - 125) = Rs. 195 Required PERCENTAGE = 195/320×100== 60.9 =~ 61%. Let C.P.= Rs. 100. Then, Profit = Rs.220, S.P. = Rs.320. New C.P. = 125% of Rs. 100 = Rs. 125 New S.P. = Rs.320. Profit = Rs. (320 - 125) = Rs. 195 Required percentage = 195/320×100== 60.9 =~ 61%. |
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