A manufacturer fixes his selling price $$33\frac{1}{3}$$% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10% , his percentage profit is = ?

A manufacturer fixes his selling price $$33\frac{1}{3}$$% over the cos

1.	A manufacturer fixes his selling price $$33\frac{1}{3}$$% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10% , his percentage profit is = ?
A.	$36\frac{5}{9}$$%
B.	$30\frac{20}{21}$$%
C.	5%
D.	$28\frac{3}{8}$$%
Answer» C. 5%

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A manufacturer fixes his selling price $$33\frac{1}{3}$$% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10% , his percentage profit is = ?

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