A person sold an article at 20% profit on the selling price. Afterwards, when the cost price reduced by 10%, then he also reduced the selling price by 10%. His percentage of profit on cost price will be

A person sold an article at 20% profit on the selling price. Afterward

1.	A person sold an article at 20% profit on the selling price. Afterwards, when the cost price reduced by 10%, then he also reduced the selling price by 10%. His percentage of profit on cost price will be
A.	30%
B.	25%
C.	22.5%
D.	12.5%
Answer» C. 22.5%

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A person sold an article at 20% profit on the selling price. Afterwards, when the cost price reduced by 10%, then he also reduced the selling price by 10%. His percentage of profit on cost price will be

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