In a certain store, the profit is 250 percent of the cost price. If the cost price increases by 20 percent but the selling price remains constant, approximately what percentage of profit on the selling price ?

In a certain store, the profit is 250 percent of the cost price. If th

1.	In a certain store, the profit is 250 percent of the cost price. If the cost price increases by 20 percent but the selling price remains constant, approximately what percentage of profit on the selling price ?
A.	60 percent
B.	75 percent
C.	66 percent
D.	56 percent
Answer» D. 56 percent

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In a certain store, the profit is 250 percent of the cost price. If the cost price increases by 20 percent but the selling price remains constant, approximately what percentage of profit on the selling price ?

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