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A manufacturer fixes his selling price a...

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

A

36`5/9`%

B

30`5/8`%

C

0.35

D

28`3/8`%

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Verified by Experts

The correct Answer is:
B
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