A shopkeeper increases the price of a home made pickle by 15%. he further increased the new price by 15%. what is the percent of price increase
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Step-by-step explanation:
Let original CP = 100
Profit = 10% = 10
SP = 110
New SP = 110 x 120/100 = 132
132 represents 115% of new CP
New CP = 132/115 x 100 ≈ 114.78
Increase in CP = 14.78/100 x 100 = 14.78%
Note : Surprised that CP is changing. Hope my answer is correct !!!!
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