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#29768 Bangla Language & Literature Profit and Loss Level 0

An item is sold for $65.00, giving the retailer a profit of 30% of the cost. What will be the new retail price if the retailer cuts his profit to 10% of costs?

  1. A $140
  2. B $400
  3. C $50
  4. D $55
Answer: D - $55

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