In a shop, the profit is 100% of the cost. If the cost increases by 75% but the selling price remain

M4maths Previous Puzzles

25 Jan 2018 Percentage

In a shop, the profit is 100% of the cost. If the cost increases by 75% but the selling price remains constant, find out approximately what percentage of the selling price is the profit?

OPtion

1) 14.29
2) 86.71
3) 25.00
4) 90.00
5) 15.00
6) 12.50
7) 87.50
8) 12.00
9) 88.00
10) None of these

Solution

Let the CP be Rs. 100
SP considering 100% of profit = 100+100 = Rs. 200
CP after 75 increase = Rs. 175

Profit = 200 – 175 = Rs. 25
Profit % on SP = (25/200)*100 = 12.5

Option 6)

Correct Option: 6 Best Solution (0)