The profit gained on selling a certain product is 320% of the cost. If the cost increases by 10% but the selling price remains constant, then what per...

Question

The profit gained on selling a certain product is 320% of the cost. If the cost increases by 10% but the selling price remains constant, then what percentage of the selling price is the profit (correct to one decimal place)?

Options

A.

70.2%

B.

73.8%

C.

75.7%

D.

63.8%

profitcost priceselling pricepercentageprofit percentagessc 2024

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