## If a shopkeeper increases his selling price by 20% due to a 10% increase in his cost price, find his new profit percentage given that his ea

Question

If a shopkeeper increases his selling price by 20% due to a 10% increase in his cost price, find his new profit percentage given that his earlier profit percentage was 10%.​

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2 weeks 2021-09-14T06:06:31+00:00 2 Answers 0 views 0

1. Step-by-step explanation:

Let original cost =100

so original SP=110

New CP = 110

New SP=132

Profit=22

profit %=22/110*100=20%