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

• 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%
• 10 years agoHelpfull: Yes(1) No(0)
• 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%
• 10 years agoHelpfull: Yes(0) No(0)