In a certain store,the profit is 320 % of the | vedclass

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(B) Let the original cost price $(CP_1)$ be $Rs. 100$.Since the profit is $320 \%$ of the cost,the profit is $Rs. 320$.Therefore,the selling price $(S

Vedclass · Accepted Answer

$70$

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(B) Let the original cost price $(CP_1)$ be $Rs. 100$.Since the profit is $320 \%$ of the cost,the profit is $Rs. 320$.Therefore,the selling price $(SP)$ is $CP_1 + 	ext{Profit} = 100 + 320 = Rs. 420$.If the cost increases by $25 \%$,the new cost price $(CP_2)$ becomes $100 + 25 \% 	ext{ of } 100 = Rs. 125$.The selling price remains constant at $Rs. 420$.The new profit is $SP - CP_2 = 420 - 125 = Rs. 295$.To find the profit as a percentage of the selling price,we calculate: $\frac{	ext{New Profit}}{SP} 	imes 100 = \frac{295}{420} 	imes 100$.$\frac{295}{420} 	imes 100 \approx 70.23 \%$.Thus,the profit is approximately $70 \%$ of the selling price.

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?

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