Manufacturer Raises his Selling Price by 10% his Percentage Profit is :

A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10% his percentage profit is

  1. 227/8%
  2. 35%
  3. 329/9%
  4. 245/8%
Anurag Mishra Professor Asked on 25th October 2015 in Maths.
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1 Answer(s)

Answer is 245/8%

Monis Rasool Professor Answered on 28th October 2015.
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