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Question

A company wishes to earn a 20% profit margin on selling price. Which % will achieve the required profit margin on cost?

A
33%
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B
25%
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C
20%
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D
None of these
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Solution

The correct option is B 25%
Let Cost = Rs.100 ,Profit margin on Selling Price = 20% and Selling price = Rs.125
Now Profit = 125 x 20/100
= Rs.25
Profit margin on Cost = [Profit/ Cost] x 100
= [25/100] x 100
= 25%

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