Q. A shopkeeper sells an article at a profit of 25%. If the cost price is increased by 20% but the selling price remains unchanged, what will be the new profit percentage?
✅ Correct Answer: (A)
4⅙%
Explanation: Let CP = 100, SP = 125. New CP = 120. Profit = 5. Profit% = 5/120 × 100 = 4⅙%.
Explanation by: Krishna Sharma
Let CP = 100, SP = 125. New CP = 120. Profit = 5. Profit% = 5/120 × 100 = 4⅙%.