CTS Company Numerical Ability Profit and Loss

X sold a video recorder for $ 735 and made a profit of 22.5% . The cost price of the video recorder went up by $120 and so X increased the selling price by $120.What is his profit % now ?

Read Solution (Total 1)

X sold a video recorder for $ 735 and made a profit of 22.5% .
CP = 735*100/122.5 = Rs 600
New CP = 600+120=Rs 720
New SP =735+120= Rs 855.

Profit = Rs 135.

% age profit = 100*135/720 = 18.75%
13 years agoHelpfull: Yes(3) No(2)

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