MCQOPTIONS
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| 1. |
On a certain item, the profit is 120% of the cost. If the cost increases by 25% and the selling price remains constant, then what percentage of the selling price is the profit (correct to a whole number)? |
| A. | 43% |
| B. | 39% |
| C. | 47% |
| D. | 51% |
| Answer» B. 39% | |