For an article the profit is 130% of the cost price. If the cost price of the article increases by 20% but the selling price remains same, then find the new profit percentage.
1
125%
2
100%
3
91.66%
4
81.33%
For an article the profit is 130% of the cost price. If the cost price of the article increases by 20% but the selling price remains same, then find the new profit percentage.
81.33%