Question
A product is sold at a profit of 25%. If the cost price
is increased by 50% and the selling price remains the same, what will be the percentage of profit or loss?Solution
Let CP = 100 Profit = 25% Sp = 125 So now CP is 50% increase, and the selling price is the same. then CP= 150 SP = 125 Loss = 150-125= 25 Loss% = (25/150) Ă—100 =16.67%
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