📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    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

    Practice Next
    More Profit and loss Questions
    ask-question