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A firm is selling its product at Rs. 60 per unit. The total cost of production is Rs. 100 and firm is earning total profit of Rs. $500 .$ Later, the total cost increased by $30 \% .$ By what percentage the price should be increased to maintained the same profit level.
(A) 5
(B) 10
(C) 15
(D) 30



Question ID - 155944 | SaraNextGen Top Answer

A firm is selling its product at Rs. 60 per unit. The total cost of production is Rs. 100 and firm is earning total profit of Rs. $500 .$ Later, the total cost increased by $30 \% .$ By what percentage the price should be increased to maintained the same profit level.
(A) 5
(B) 10
(C) 15
(D) 30

1 Answer
127 votes
Answer Key / Explanation : (A) -

5

127 votes


127