In a certain store, the profit is 350% 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 choice from the following:
A) 72.2%  B) 70%  C) 100%  D) 250%  E) 120%
Let C.P. = Rs. 100. Then, profit = Rs. 320, S.P. = Rs. 450   New C.P. = 125% of Rs. 100 = Rs. 125.   New S.P. = Rs. 420   Profit = 450 - 125 = Rs. 325   Required percentage = 295/420 * 100 = 72.2%   72.2%NSWER:72.2%
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In a certain store, the profit is 350% 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?