Q: A manufacturer fixes his selling price at $$33{1\over3}\% $$ over t – McqOptions

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1.	Q: A manufacturer fixes his selling price at $$33{1\over3}\% $$ over the cost of production. If the cost of production goes up by 12 % and manufacturer raises his selling price by 10%, his percentage profit is
A.	0.35
B.	$$28{3\over8}\%$$
C.	$$36{5\over9}\%$$
D.	$$30{20\over21}\%$$
Answer» E.

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