Multiple choice

A man sold an article at a profit of 170% of cost price. If the cost price is increased by 20 % and selling price remain same, then find the profit percent? एक आदमी लागत मूल्य का 170% के लाभ पर एक वस्तु बेचता है। यदि लागत मूल्य 20% की वृद्धि कर दी जाए और बिक्री मूल्य समान रहे, तो लाभ प्रतिशत ज्ञात कीजिए?

  1. 125%

  2. 120%

  3. 75%

  4. 150%

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = 100. Initial SP = 100 + 170 = 270. New CP = 100 + 20 = 120. New profit = (270 - 120)/120 = 150/120 = 1.25 = 125%. The key is that selling price remains constant while only cost price changes.