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Profit and Loss Practice Test 9
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Question : 36
Total: 40
Which a toy manufacturer reduced the selling price by 50%, the number of toys sold radically increased by 300%. Initially the manufacturer got a profit of 200%. What is the percentage of increase in his profit?
160 %
0%
120%
100%
None of three
Validate
Solution:
CP
Profit
SP
Units
sold
Net
profit
100
200
300
1
Rs
200
×
1
=
200
100
50
150
4
Rs
50
×
4
=
200
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