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A factory's yearly budget for the purcha...

A factory's yearly budget for the purchase of employees' protection shoes increased by 60% this year over last year. If the price of the shoes increased by 20% this year, then the number of shoes it can purchase this year is what percent greater than the number of shoes it purchased last year?

A

0.4

B

33 `1/4` %

C

0.42

D

0.48

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The correct Answer is:
B
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