a salesman usually makes 25% profit on every radio he sells. During a sale, he reduces his profit margin to 20% while his sales increase by 10% what is the ratio of this new profit to his usual profit?

A 10 : 25
B 11: 15
C 22 : 25
D 20 : 25

Correct Answer: 22 : 25

New sale = 110% of usual sale New profit = 20% of 110% = 22% New profit : Usual profit = 22% : 25% = 22 : 25
Bissoy MCQ

Related Questions

Next steps