In a store, the profit is 320% of the cos… | Answer

Subject

Bank Exam

Topic

Dutch Bangla Bank Ltd, PO 2015

In a store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains the same, what percent of profit could be made on the selling price?
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ক)

30%

খ)

70%

গ)

100%

ঘ)

None of these

Explanation

Let C.P.= Tk.100. Then, Profit = Tk.320, S.P. = Tk.420. New C.P. = 125% of Tk.100 = Tk.125 New S.P. = Tk.420. Profit = Tk.(420 - 125) = Tk.295 Required percentage = (295/420) * 100 = 70%(approx)

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In a store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains the same, what percent of profit could be made on the selling price?Reading

In a store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains the same, what percent of profit could be made on the selling price?

Explanation

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In a store, the profit is 320% of the cost. If the cost increases by 25% but the selling price remains the same, what percent of profit could be made on the selling price?
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