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?

1. 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?

[Excutive Officer 2017 (Morning) [MCQ] : 2017]

1. 30%

2. 100%

3. 250%

4. 70%

Answer

Comments