In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling price remains constant, approximately what percentage of the selling price is the profit?

In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling price remains constant, approximately what percentage of the selling price is the profit?
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1 Answer

Answer :

 Let Cp= RS.100

Profit= Rs 110

Sp= Rs 210

New Cp= 113%0f Rs.100=Rs. 113

New SP= Rs. 210

Profit= Rs. (210-113)= Rs. 97

Required %= 97/210*100=46%
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Related questions

In a certain office, the profit is 160% of the cost. If the cost increases by 12% but the selling price remains constant, approximately what is the percentage profit?

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Last Answer : Let cost price = Rs.100 ; then profit = 160  Selling price = Rs.260 ; new cost price = 112% of Rs 100  New cost price = 122 ; new selling price = Rs 260  Profit = 260 – 112 = Rs.148  Required percentage = (148/112 *100)%  = 132.14%

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Description : The price of a necklace, passing through a 3 persons, rises on the whole by 32.5%. If the 1st and the 2nd sellers earned 10% and 12.5% profit respectively. Find the percentage profit earned by the 3rd seller. 

Last Answer : Let the original price of the necklace be Rs x and Let the profit earned by the 3rd seller be P% Then (100+P)% of 112.5% of 110% of x = 132.5% of x (100+P/100)*(112.5/100)*(x) = 132.5/100 ... /12375 100+P = 107.07 P= 107.07 - 100 = 7.07% The percentage profit earned by the 3rd seller = 7%

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Last Answer : Total CP= 60*60=3600 Total Sp= [(15*60+15*6)+(38*60+38*7)+(7*60-7*4)] = 990+2546+392=3928 Average profit = 3928-3600/60 =328/60 =>5.46%

If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage?

Description : If 20% discount is allowed on the marked price then the profit is 40%. If the discount is increased to 40% then what will be the profit percentage?

Last Answer :  cp=100% profit=40% selling price= 140% marked price = 140% mp=140*100/80= 175 40%discount in mp= 175 *60/100 New sp=105 new profit%= new sp-cp/cp *100 =105-100/100*100 =5

By selling 90 oranges for Rs 80, a man loses 40 %. How many oranges should he sell approximately for Rs 48 to gain 40 % in the transaction?

Description : By selling 90 oranges for Rs 80, a man loses 40 %. How many oranges should he sell approximately for Rs 48 to gain 40 % in the transaction?

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Gowtham started a business, investing Rs.25000. After 4 months and 5 months respectively, Rithick and Sudhir joined him with capitals of 15000 and 12000. At the end of the year the total profit was Rs.4632. What is the difference between Rithick’s and Sudhir’s share in the profit approximately?

Description : Gowtham started a business, investing Rs.25000. After 4 months and 5 months respectively, Rithick and Sudhir joined him with capitals of 15000 and 12000. At the end of the year the total profit was Rs.4632. What is the difference between Rithick’s and Sudhir’s share in the profit approximately?

Last Answer : Gowtham investment =25000*12=3000000 Rithick investment = 15000*8 =120000 Sudhir investment = 12000*7 =84000  Ratio of their investment= 25:10:7  The difference between Rithick’s and Sudhir’s share=3  That is= 4632*3/42 = Rs 331 (approx.)

The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave him a discount of 33%.Next day he came again and showed vadi some more defects, hence he gave him another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi?

Description : The market price of a novel was 50% more than its cost price. Vadi was going to sell it at market price to a customer, but he showed vadi some defects in the novel, due to which vadi gave ... another discount that was equal to 14.5% of the cost price. What was the approximate profit/loss to vadi?

Last Answer : Let the cost price be Rs. 100  Then, market price is Rs. 150  Now, the first discount is of 33% Rs.150 =Rs. 50  Hence, its selling price = 150 - 50 = Rs. 100  since vadi's ... further discount will be equal to loss %  The next discount of 14.5% will be the loss percentage to vadi

Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720

Description : Anwar marked his radio at 40% above his cost price. He, then sold it after offering a discount of 40%. If he made a loss of Rs.640, find his selling price (in Rs.) a)4320 b)4640 c)3360 d)3720

Last Answer : c)3360

60% loss on cost price is what percent loss on selling price? A. 28 B. 38 % C. 40 D. 150%

Description : 60% loss on cost price is what percent loss on selling price? A. 28 B. 38 % C. 40 D. 150%

Last Answer : Answer – D (150 %) Explanation – Loss = 60% on CP i.e., 0.6CP ⇒ SP = 0.4CP Loss % on SP = loss/SP x 100 = 0.6CP/0.4CP x 100 = 150%.