The profit margin in one store is 320 percent of the cost. What percentage of the selling price is profit if the cost rises by 25% but the selling price remains constant?
A. 30%
B. 70%
C. 100%
D. 250%
Answer:B
The profit margin in one store is 320 percent of the cost. What percentage of the selling price is profit if the cost rises by 25% but the selling price remains constant?
A. 30% B. 70% C. 100% D. 250%