Discuss Forum

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 prices is the profit?

  • A. 30
  • B. 30
  • C. 30
  • D. 30

Answer: Option B

Explanation:

cost =100profit =320% of 100=320selling price=100+320=420New cost=100+25% of100                  =100+25=125New profit=420-125=295New profit percenteg=295420×100%=70.23%=70%

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