Latest Others Aptitude Question SOLUTION: Profit is 320% of cost price, if cost price is increased by 25% and selling price remains constant, then what % of selling price is the profit?

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Profit is 320% of cost price, if cost price is increased by 25% and selling price remains constant, then what % of selling price is the profit?

Asked In Others rachana korem (10 years ago)

Solved RAKESH Read Solution (2)

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RAKESH  (10 years ago)

let cost price be x rs then

profit= x*320/100 = 3.2x

selling price = x+3.2x = 4.2x

after increasing in costprice by 25%,
new CP = x+x*25/100 = 1.25x & SP = 4.2x
profit=SP-CP= 4.2x-1.25x = 2.95x

reqd %age = 2.95x/4.2x *100 = 70.24 %

so, 70.24 % of SP the profit is 70.24 % of SP.

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Prerna  (10 years ago)

If Rs 100 is CP, then SP = Rs 420
new CP= Rs 125.
profit = 420-125= Rs 295
% profit wrt SP =100*295/420= 70.24%

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