In a certain store, the profit is 1150% 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?
Select the correct option
A) 30% B) 70% C) 900% D) 250% E) 120%
Let C.P. = Rs. 100. Then, profit = Rs. 1150, S.P. = Rs. 1250   New C.P. = 125% of Rs. 100 = Rs. 125.   New S.P. = Rs. 1250   Profit = 1250 - 125 = Rs. 1125   Required percentage = 1125/1250 * 100 = 900%   ANSWER:900%
<result>C</result>
In a certain store, the profit is 1150% 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?