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

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(B) Let the initial cost price $(C.P.)$ be $x$.Since the profit is $320 \%$ of the cost, the profit $= 3.2x$.Therefore, the initial selling price $(S.

Vedclass · Accepted Answer

$70$

Vedclass · Answer

(B) Let the initial cost price $(C.P.)$ be $x$.Since the profit is $320 \%$ of the cost, the profit $= 3.2x$.Therefore, the initial selling price $(S.P.)$ $= C.P. + 	ext{Profit} = x + 3.2x = 4.2x$.If the cost increases by $25 \%$, the new $C.P. = x + 0.25x = 1.25x$.The selling price remains constant, so the new $S.P. = 4.2x$.The new profit $= 	ext{New } S.P. - 	ext{New } C.P. = 4.2x - 1.25x = 2.95x$.The required percentage of the profit with respect to the selling price is given by $\left( \frac{	ext{New Profit}}{	ext{New } S.P.} 	imes 100 ight) \%$.Required percentage $= \left( \frac{2.95x}{4.2x} 	imes 100 ight) \% = \frac{295}{4.2} \% \approx 70.23 \%$.Rounding to the nearest integer, the percentage is approximately $70 \%$.

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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