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?
Correct answer B. 70%
Tip: press A, B, C or D to answer, and N for the next question.
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More Profit and Loss questions
See allA shop gives 10% off the marked price and a further 5% cash discount. A customer pays Rs. 3,420. What is the marked price?
Correct answer D. Rs. 4,000
Two machines cost Rs. 3,000 in total. The first is sold at a 20% gain and the second at a 10% loss, giving an overall gain of 5%. What was the cost of the first machine?
Correct answer D. Rs. 1,500
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Two equal successive discounts are equivalent to a single discount of 36%. What is each discount?
Correct answer B. 20%
A merchant marks his goods 50% above cost price and allows a discount of 30%. What is the result of the sale?
Correct answer C. Gain of 5%
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