Q: Manufecturer makes a 15% profit by selling a color TV for `6900. If the cost of manufacturing increases by 30% and the price paid by the retailer increases by 20% what percent profit will the manufacturer make ?
- A. 6.15%
- B. 7.25%
- C. 6.75%
- D. 8.50%
Correct Answer:
Option A -
Explanations:
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