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In a certain store, the profit is 320% o...

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?

A

0.3

B

0.7

C

1

D

2.5

Text Solution

Verified by Experts

The correct Answer is:
B
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DISHA PUBLICATION-PROFIT, LOSS AND DISCOUNT-Practice Exercise (Standard Level)
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  3. In a certain store, the profit is 320% of the cost. If the cost increa...

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  4. A shopkeeper bought 150 calculators at the rate of Rs. 250 per calcula...

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  6. A tradesman marks his goods at 25% above cost price and allows discoun...

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  7. A book seller sells a book at a profit of 10%. If he has bought it at ...

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  8. A watch passes through three hands and each gains 25%. If the third se...

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  9. I loss 9 per cent by selling pencils at the rate of 15 a rupee. How ma...

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  10. A tradesman marks an article at Rs. 205 more than the cost price. He a...

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  11. A manufacturer makes a profit of 15% by selling a colour TV for Rs. 57...

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  12. The profit earned when an article is sold for Rs. 800 is 20 times the ...

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  13. Each of A and B sold their article at ₹ 1818 but A incurred a loss of ...

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  14. A manufacturer of a certain item can sell all he can produce at the se...

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  15. Dolly goes to a shop to purchase a doll priced at Rs. 400. She is offe...

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  16. A trader sells goods to a customer at a profit of k% over the cost pri...

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  17. A,B and C invest in the ratio of 3: 4: 5. The percentage of return on ...

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  18. A car mechanic purchased four old cars for ₹ 1 lakh. He spent total 2....

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  19. The cost of setting up a magazine is ₹ 2800. The cost of paper and ink...

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  20. A person purchases 90 clocks and sells 40 clocks at a gain of 10% and ...

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