An item is sold for $65.00 giving the retailer a profit of 30% of the cost. What will be the new retail price if the retailer cuts his profit to 10% of costs?

dsuc.created: 7 years ago | dsuc.updated: 1 week ago

dsuc.updated: 1 week ago

$55

$50

$400

$140

None of these

Mercantile Bank Ltd Mercantile Bank Ltd - Officer - 2006 গণিত লাভ-ক্ষতি (Profit and loss)

dsuc.explanation

569

common.best_ans:

when sp 130 then cp 100

when sp 1 then cp. 100/130

When Sp 65 then cp 100*65/130

So Cp = 50

Therefore the new retail price = 50 + 50*10% = $55

ans:$55

7 years ago

0 0

Md Azizur Rahman

common.founder_of_satt

গণিত

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