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{"id":1675,"date":"2021-08-17T06:54:49","date_gmt":"2021-08-17T06:54:49","guid":{"rendered":"https:\/\/www.wikitechy.com\/interview-questions\/?p=1675"},"modified":"2021-09-17T11:08:30","modified_gmt":"2021-09-17T11:08:30","slug":"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","status":"publish","type":"post","link":"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\/","title":{"rendered":"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 ?"},"content":{"rendered":"<div class=\"TextHeading\">\n<div class=\"hddn\">\n<p class=\"color-pink\">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 ?<\/p>\n<div class=\"row\">\n<div class=\"col-sm-6\">\n<p>A. 30%<\/p>\n<\/div>\n<div class=\"col-sm-6\">\n<p>B.70%<\/p>\n<\/div>\n<div class=\"col-sm-6\">\n<p>C. 100%<\/p>\n<\/div>\n<div class=\"col-sm-6\">\n<p>D. 250%<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h3 id=\"answer-b-70\"><b>Answer :\u00a0<\/b>B .70%<\/h3>\n<div class=\"subheading\">\n<h2 id=\"explanation\">Explanation:<\/h2>\n<\/div>\n<div class=\"Content\">\n<div class=\"hddn\">\n<p>Let Cost Price (C.P) = Rs. 100.<\/p>\n<p>Then, Profit = Rs. 320, Selling Price (S.P) = Rs. 420.<\/p>\n<p>New Cost Price (C.P)\u00a0= 125% of Rs. 100 = Rs. 125<\/p>\n<p>New Selling Price (S.P) = Rs. 420.<\/p>\n<p>Profit\u00a0= Rs. (420 \u2013 125) = Rs. 295.<\/p>\n<p>Required Percentage\u00a0= ( (295\/420) x 100 )%<\/p>\n<p>= 70% (approximately).<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Answer :\u00a0B 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