gain percentage - Wikitechy https://www.wikitechy.com/interview-questions/tag/gain-percentage/ Interview Questions Fri, 17 Sep 2021 11:08:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.wikitechy.com/interview-questions/wp-content/uploads/2025/10/cropped-wikitechy-icon-32x32.png gain percentage - Wikitechy https://www.wikitechy.com/interview-questions/tag/gain-percentage/ 32 32 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 ? https://www.wikitechy.com/interview-questions/profit-and-loss/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/ https://www.wikitechy.com/interview-questions/profit-and-loss/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/#respond Tue, 17 Aug 2021 06:54:49 +0000 https://www.wikitechy.com/interview-questions/?p=1675

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. 30%

B.70%

C. 100%

D. 250%

Answer : B .70%

Explanation:

Let Cost Price (C.P) = Rs. 100.

Then, Profit = Rs. 320, Selling Price (S.P) = Rs. 420.

New Cost Price (C.P) = 125% of Rs. 100 = Rs. 125

New Selling Price (S.P) = Rs. 420.

Profit = Rs. (420 – 125) = Rs. 295.

Required Percentage = ( (295/420) x 100 )%

= 70% (approximately).

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