MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Estimation Using Percentages in Situations

In a certain ...

Question

In a certain Business, the profit is $220 %$ 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 ?

Open in App

Solution

Let C.P. $=$ Rs. $100$ .
Then, Profit $=$ Rs. $220$ ,
S.P. $=$ Rs. $320$ .
New C.P. $= 125 %$ of Rs. $100 =$ Rs. $125$
New S.P. $=$ Rs. $320.$
Profit $=$ Rs. $(320 - 125) =$ Rs. $195$
Required percentage $= \frac{195}{320} \times 100 = 61 %$

Suggest Corrections

thumbs-up

1

Similar questions

Q. 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?

Q. If profits are

25 %

of selling price, what is the percentage of profit to cost ?

Q. An article is sold at

20 %

profit. If is cost price is increased by Rs.

50

and at the same time if its selling price is also increases by Rs.

30

, the percentage of profit decrease by

\frac{10}{3} %

. Find the cost price approximately.

If cost price is ₹300 and selling price is ₹330, then what is the profit percentage?

Q. The selling price and cost price of an article differ by Rs.

240

. If the profit percentage is

20

, then selling price is:

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Percentages and Why Percentages

MATHEMATICS

Watch in App

explore_more_icon

Explore more

Estimation Using Percentages in Situations

Standard VII Mathematics

Join BYJU'S Learning Program

CrossIcon