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Q: Prashanth sold a album for $ 735 and made a profit of 22.5% . The cost price of the album went up by $120 and so Prashanth increased the selling price by $120. What is his profit % now ?

  • 1
    19.32 %
  • 2
    18.75 %
  • 3
    21.41 %
  • 4
    22 %
  • Show Answer
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Answer : 2. "18.75 %"
Explanation :

Answer: B) 18.75 % Explanation: Prashanth sold a album for $ 735 and made a profit of 22.5% .CP = 735 x 100/122.5 = Rs. 600New CP = 600 + 120 = Rs. 720New SP = 735 + 120 = Rs. 855. Profit = Rs. 135. profit % = 100 x 135/720 = 18.75%.

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