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1. A book sells for TK. 65. This price gives the seller a profit 30% on his cost. What will bi the new selling price if he cuts his profit to 10% of the costs ?

  • A. 55
  • B. 55
  • C. 55
  • D. 55

Answer: Option A

Explanation:

Given that,

In 30% profit, Sell price = Tk 65

So, 130% = 65

= > 1% = 65÷130

= > 100% = (65×100)÷130 = 50

So, cost price = 50

New, profit percentage is 10%

In 10% profit, sell price is

50×110% = 55

Ans: 55


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