Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

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?

Options:

144%

256%

156%

160%

Correct Answer:

156%

Explanation:

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%