if cost of jewelry set is increased from rs 800 to rs 1150 then increase in cost price is - Wikitechy https://www.wikitechy.com/interview-questions/tag/if-cost-of-jewelry-set-is-increased-from-rs-800-to-rs-1150-then-increase-in-cost-price-is/ 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 if cost of jewelry set is increased from rs 800 to rs 1150 then increase in cost price is - Wikitechy https://www.wikitechy.com/interview-questions/tag/if-cost-of-jewelry-set-is-increased-from-rs-800-to-rs-1150-then-increase-in-cost-price-is/ 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).

]]> 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/feed/ 0 The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is ? https://www.wikitechy.com/interview-questions/profit-and-loss/the-cost-price-of-20-articles-is-the-same-as-the-selling-price-of-x-articles-if-the-profit-is-25-then-the-value-of-x-is/ https://www.wikitechy.com/interview-questions/profit-and-loss/the-cost-price-of-20-articles-is-the-same-as-the-selling-price-of-x-articles-if-the-profit-is-25-then-the-value-of-x-is/#respond Tue, 17 Aug 2021 06:52:02 +0000 https://www.wikitechy.com/interview-questions/?p=1674

The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, then the value of x is ?

A. 15

B. 16

C. 18

D. 25

Answer : B . 16

Explanation:

Let Cost Price of each article be Re. 1
Cost Price of x articles = Rs. x.
Selling Price of x articles = Rs. 20.
Profit = Rs. (20 – x).

So {(20 – x) / x} x 100 = 25
x = 16

]]> https://www.wikitechy.com/interview-questions/profit-and-loss/the-cost-price-of-20-articles-is-the-same-as-the-selling-price-of-x-articles-if-the-profit-is-25-then-the-value-of-x-is/feed/ 0 Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is ? https://www.wikitechy.com/interview-questions/profit-and-loss/alfred-buys-an-old-scooter-for-rs-4700-and-spends-rs-800-on-its-repairs-if-he-sells-the-scooter-for-rs-5800-his-gain-percent-is/ https://www.wikitechy.com/interview-questions/profit-and-loss/alfred-buys-an-old-scooter-for-rs-4700-and-spends-rs-800-on-its-repairs-if-he-sells-the-scooter-for-rs-5800-his-gain-percent-is/#respond Tue, 17 Aug 2021 06:50:32 +0000 https://www.wikitechy.com/interview-questions/?p=1673

Alfred buys an old scooter for Rs. 4700 and spends Rs. 800 on its repairs. If he sells the scooter for Rs. 5800, his gain percent is ?

A. 447%

B. 5511%

C. 10 %

D. 12 %

Answer : B . 5511%

Explanation:

Cost Price (C.P.) = Rs. (4700 + 800) = Rs. 5500.

Selling Price (S.P.) = Rs. 5800.

Gain = (S.P.) – (C.P.)

= Rs.(5800 – 5500)

= Rs. 300.

Gain % = (300/5500) x 100%

= 5511%

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