Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?

Indran earns 10% profit by selling his goods. His cost price increases

1.	Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?
A.	6%
B.	7.14%
C.	10%
D.	2.85%
Answer» D. 2.85%

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Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?

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