A shopkeepers made a profit of 16% on his goods. If the price at which he buys decreases by 20% while he reduces his selling price by 23%, what is now his percentage of profit? (correct to one decimal place)

A shopkeepers made a profit of 16% on his goods. If the price at which

1.	A shopkeepers made a profit of 16% on his goods. If the price at which he buys decreases by 20% while he reduces his selling price by 23%, what is now his percentage of profit? (correct to one decimal place)
A.	11.6
B.	15.4
C.	12.9
D.	14.6
Answer» B. 15.4

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A shopkeepers made a profit of 16% on his goods. If the price at which he buys decreases by 20% while he reduces his selling price by 23%, what is now his percentage of profit? (correct to one decimal place)

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