Multiple choice

In a food bazaar, the profit is 300% of the cost. Due to the demand, the cost of food products increases by 25%, but the selling price remains the same. What percentage of the selling price will be the profit?

  1. 68%

  2. 68.75%

  3. 60%

  4. 65.75%

  5. 69.75%
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Let cost = 100. Profit = 300, so Selling Price = 400. New cost = 125. Selling Price remains 400. New profit = 400 - 125 = 275. Profit percentage of selling price = (275 / 400) * 100 = 68.75%.

AI explanation

Let the initial cost price be Rs. 100, making the initial profit Rs. 300 and the selling price Rs. 400. The new cost after a 25% increase is Rs. 125, so the new profit becomes 400 minus 125, which is Rs. 275. This profit as a percentage of the selling price is (275 divided by 400) multiplied by 100, resulting in 68.75%. The correct option is B.

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