A part of an electronics gadget costs 1/3rd of the selling price of the gadget. If the cost price of the part is increased by 10% then approximately how much hike in the original selling price of the gadget is needed to maintain the profit at 25%?
Choose the best
O 2.5%
3.33%
5.5%
O 4.16%
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Answer:
o 4.16%is the answer of this question
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