Question

    On a certain item profit is 150%. If the cost price increases by 25% what will be the new profit margin (in %)?

    A 25 Correct Answer Incorrect Answer
    B 50 Correct Answer Incorrect Answer
    C 100 Correct Answer Incorrect Answer
    D 75 Correct Answer Incorrect Answer

    Solution

    Cp=x SP=2.5x Now CP=1.25x SP=2.5x Profit %=((2.5x-1.25x)/1.25x)*100 =100

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