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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?
  1. 20%
  2. 25%
  3. 30%
  4. None of these
Explanation
Initial CP = 100, SP = 120
New SP = 150, profit 25%
150 = 1.25 × New CP
New CP = 120
% increase in CP = (120-100)/100 × 100 = 20%

Last verified on 31-03-2026

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