A retailer increase the selling price by 25% due to which his profit percentage increase from 20% to 25%. What is the percentage increase in cost price?
- 20%
- 25%
- 30%
- None of these
Explanation
Initial CP = 100, SP = 120New SP = 150, profit 25%
150 = 1.25 × New CP
New CP = 120
% increase in CP = (120-100)/100 × 100 = 20%
Last updated 08 Nov 2026 by NA
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- None of above