Question

Amazon allows 15% discount to his customers and still

earn 19% profit. If the production cost of the product is increased by 12% therefore Amazon issued a new list price which is 10% higher than the previous list price and company still allow 15% discount to his customers. Find the new profit % of Amazon?

A 12(2/3) %

B 24(4/7) %

C 16(7/8) %

D 18 (4/7) %

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Solution