In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling priceremains constant, approximately what percentage of the selling price is the profit?

In a certain occupation, the profit is 110% of the cost. If the cost i

1.	In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling priceremains constant, approximately what percentage of the selling price is the profit?
A.	46%
B.	47%
C.	48%
D.	43%
Answer» B. 47%

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In a certain occupation, the profit is 110% of the cost. If the cost increases by 13% but the selling priceremains constant, approximately what percentage of the selling price is the profit?

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