A trademan gain 20% at the selling price . if cost is increased by 12% and selling price also increase by 8% then find the revised profit
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Step-by-step explanation:
suppose previous price was = 100 , then previous selling price = 120
revised situation.................C.P=112 ..................... S.P =120* 1.08 =129.6
so revised profit =129.60- 112.00= 17.6 %
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