- Have any questions?
- [email protected]
- Home
- In a certain store, the profit is 320% of the cost.
Question 1:
In a certain store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains constant, approximately what percentage of the selling price is the profit A. 70%
Feedback S.P. = Rs. 420.
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295
Required percentage = (295/420) * 100 =70%(approx)
New S.P. = Rs. 420.
Profit = Rs. (420 - 125) = Rs. 295
Required percentage = (295/420) * 100 =70%(approx)
B. 80%
C. 90%
D. None of above
These questions are from this test. Would you like to take a practice test?