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?
Solution
Correct Answer: Option B
Let C.P.= BDT 100. Then, Profit = BDT 320, S.P. = BDT 420.
New C.P. = 125% of BDT 100 = BDT 125
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