A manufacturer sets its selling price 72% higher than the production cost. If the production cost rises by 50% and the manufacturer increases its selling price by 50%, find the new profit percent.
Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM
Options
- (A) 69%
- (B) 72%
- (C) 75%
- (D) Source render truncated — option D cut off at the bottom of p413
Verified Answer
Option (B): 72%
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