Gujarati
Hindi
7.Profit and Loss
medium

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

A

$36 \frac{5}{9}$

B

$28 \frac{3}{8}$

C

$30 \frac{5}{8}$

D

$35$

Solution

Let $C.P.$ $=₹ 100$.

Initial $S.P.$ $=₹ 133$

Now, $C.P.$ $\uparrow$ by $12 \%=₹ 112$

$\therefore$ $S.P.$ $\uparrow$ by $10 \%=₹ 146.3$

Profit $\%=\frac{146.3-112}{112} \times 100$

$=30\frac{5}{8} \%$

Standard 13
Quantitative Aptitude

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