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Question
A book sells for Tk. 65. This price gives the seller a profit of 30%. what will be the new selling price (in Tk) if he cuts the profit to 10%?
45
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55
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ANSWER : 3
Descrption
<p>Let cost = x</p> <p>x + x× 30% = 65 </p> <p>1.3x = 65 </p> <p>x = 65 × 10 / 13 </p> <p>x = 50</p> <p>New profit = 50 × 10% = 5</p> <p>New selling price = 50 + 5 = 55</p>
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