Profit and Loss Q.16

0. Arjun makes a profit of 18% on cost price by selling a bike for Rs 59000. The cost price of the bike increases by 5%. Arjun wants to make the same amount of profit. What will be the new profit percent on selling price in Rs ?

Answer
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Option : A
Explanation : Hint: Original CP can be calculated first, that is Rs 50000.
Then CP increases by 5%. Same amount of profit can be added to it, and then percentage calculated on it.

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