The profit margin on a sofa set is 100%. If the cost price of the sofa – McqOptions

MCQOPTIONS

1.	The profit margin on a sofa set is 100%. If the cost price of the sofa set falls by 20% then what will be the new profit margin (in %)?
A.	150
B.	120
C.	200
D.	180
Answer» B. 120

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