In a certain store, the profit is 100% 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?
Choose the correct option.
A) 30% B) 70% C) 37.5% D) 250% E) 120%
Let C.P. = Rs. 100. Then, profit = Rs. 100, S.P. = Rs. 200   New C.P. = 125% of Rs. 100 = Rs. 125.   New S.P. = Rs. 200   Profit = 200 - 125 = Rs. 75   Required percentage = 75/200 * 100= 
<gadget id="calculator">75/200 * 100</gadget>
<output>75/2 = around 37.5</output>
37.5%   ANSWER:37.5%
<result>C</result>
In a certain store, the profit is 100% 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?