A manufacturer fixes his selling price at $$33{1 over3} % $$ over the cost of production. If the 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 at $$33{1 over3} % $$ over the

1.	A manufacturer fixes his selling price at $$33{1 over3} % $$ over the cost of production. If the cost of production goes up by 12 % and manufacturer raises his selling price by 10%, his percentage profit is
A.	35%
B.	$$28{3 over8} %$$
C.	$$36{5 over9} %$$
D.	$$30{20 over21} %$$
Answer» E.

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A manufacturer fixes his selling price at $$33{1 over3} % $$ over the cost of production. If the cost of production goes up by 12 % and manufacturer raises his selling price by 10%, his percentage profit is

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