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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? |
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Answer»
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 = (295/420) * 100 = 70%(approx). 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 = (295/420) * 100 = 70%(approx). |
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