Discuss Forum
1. A book sells for TK. 65. This price gives the seller a profit of 30% on his cost. What will be the new selling price if he cuts his profit to 10% of its cost ?
- A. 45
- B. 45
- C. 45
- D. 45
Answer: Option C
Explanation:
At 30% profit , cost = Tk, ( 100×65)/130 = Tk.50
Now, At 10% profit , the new selling price = Tk.(110 × 50) 100 = Tk.55
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