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A retailer increases the selling price b...

A retailer increases the selling price by `25%` due to which his profit percentage increases from `20%` to `25%`. What is the percentage increase in cost price?

A

0.2

B

0.3

C

0.25

D

0.5

Text Solution

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The correct Answer is:
A
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ARIHANT SSC-PROFIT, LOSS AND DISCOUNT-EXERCISE (LEVEL 1)
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