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      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?
      A 17.5% Correct Answer Incorrect Answer
      B 16.6% Correct Answer Incorrect Answer
      C 15.4% Correct Answer Incorrect Answer
      D 13.3% Correct Answer Incorrect Answer

      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) ×100 =16.67%

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