Latest Syntel Aptitude Question SOLUTION: A shop keeper sells at 250% profit of the cost. If the cost increases by 20% but the selling price remains constant, what percent of selling price is his profit? a)75.71 b)55.71

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(#M40006817) SYNTEL Numerical Ability question Profit and loss problem Keep an EYE

A shop keeper sells at 250% profit of the cost. If the cost increases by 20% but the selling price remains constant, what percent of selling price is his profit?

a)75.71 b)55.71 c)45.71 d)65.71

Asked In Syntel (12 years ago)

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Amol Bais  (10 years ago)

d)65.71

Let the cost price be Rs.100
Marked price (selling price at 250% profit) = CP + (Profit Percentage/100) x CP
= 100 + (250/100) x 100 = Rs. 350
If the cost price is increased by 20%, the Revised cost price = Rs.120
Revised profit = Selling Price – Revised Cost Price = 350-120 = 230
Profit Over Selling Price Percentage = Revised Profit/Selling Price x 100 = (230/350) x 100 = 65.71%

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Rahul Das  (10 years ago)

Let the co is Rs.100
sp = CP + (Profit Percentage/100) x CP
= 100 + (250/100) x 100 = Rs. 350
If the cost price is increased by 20%, then cp is= Rs.120
profit = 350-120 = 230
Profit Over Selling Price Percentage =(230/350)*100=65.71%

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