Join ExamsbookAnswer : 2. "18.75 %"
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 ?5
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 ?
- 119.32 %false
- 218.75 %true
- 321.41 %false
- 422 %false
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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%.