For an article, the profit is 220% of cost price. If the cost price increases by 25% and selling price remain same, then the new profit percentage is? |
144% 256% 156% 160% |
156% |
Let CP = 100 Profit @220% = 220 S.P. = 320 Now Increased C.P. = 100 × 125% = 125 Profit = S.P. - C.P. = 320 - 125 = 195 Profit percentage = \(\frac{195}{125}\) × 100% = 156% |