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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 

  • 1
    35%
  • 2
    $$28{3\over8}\%$$
  • 3
    $$36{5\over9}\%$$
  • 4
    $$30{20\over21}\%$$
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Answer : 4. "$$30{20\over21}\%$$"

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