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The profits to costs ratio has changed for a certain product. Last month, the profit used to be 3 2 0 % of the cost,
The profits to costs ratio has changed for a certain product. Last month, the profit used to be of the cost, but this month the cost has gone up while the selling price remained the same. Next month, both cost and profit are due to increase by
What percentage of selling price would profit be next month?
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