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1. |
A shopkeeper sells a shirt at a profit of 25% on the cost price. If the shopkeeper allows a discount of 10% on this selling price the sales volume of the shirts will double. What is the ratio of the new profit to the old profit? ( ADP COMPANY) |
A. | 0.126388888888889 |
B. | 0.253472222222222 |
C. | 0.0423611111111111 |
D. | 0.210416666666667 |
Answer» D. 0.210416666666667 | |