SOLUTION: a retailor increases the selling price by 25% due to which his profit percentage increase from 20% to 25 percent . What is the persentage increase in cost price?

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Question 1011137: a retailor increases the selling price by 25% due to which his profit percentage increase from 20% to 25 percent . What is the persentage increase in cost price?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
a retailor increases the selling price by 25% due to which his profit percentage increase from 20% to 25 percent . What is the percentage increase in cost price?
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Original price: x
Original increased price: 1.2x
Final Increased price:: 1.25(1.2) = 1.5x
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Ans: 50%
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Cheers,
Stan H.
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