Arithmetichard · Past Paper
Profit on an item is 25%. If CP is increased by 20% and SP by 10%, find new profit %.
A14.58%
B15%
C12.5%
D10%
✓ Correct Answer: A — 14.58%
Let CP=100, SP=125. New CP=120, New SP=137.5. Profit = 17.5. New Profit % = (17.5/120)*100 = 14.58%.
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