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 profit?

Created: 3 months ago | Updated: 2 months ago
Job Solution Janata Bank Ltd Janata Bank Ltd. || AEO (Tellor) (07-02-2020) || 2020 গণিত
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Profit= 320100×100=320 Tk. and selling price = 420 Tk.

∴Now, new cost price = 125% of 100Tk .=125 Tk.

∴New cost price = 420 Tk

∴Profit 420-125=295 Tk

∴Percentage of profit on selling price = 295420×100=70.24%=70%

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