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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

`28 (3)/(8)%`

B

`30(5)/(8)%`

C

`36(5)/(9)%`

D

`35%`

Text Solution

Verified by Experts

The correct Answer is:
B
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