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Maths Puzzle
Numerical Ability
Permutation and Combination
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?
Read Solution (Total 2)
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- 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. - 10 years agoHelpfull: Yes(4) No(2)
- 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% - 10 years agoHelpfull: Yes(4) No(0)
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