Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?
1
6%
2
7.14%
3
10%
4
2.85%
Indran earns 10% profit by selling his goods. His cost price increases by 40% and he increases his selling price by 40%. What will be the new percentage of profit?