A salesmen usually makes 45% profit on every TV he sells. During a sale, he reduced his margin of profit to 40% and his sales increased by 10%. What is the ratio of his new profit to his usual profit?

General Mathematics Part

1. A salesmen usually makes 45% profit on every TV he sells. During a sale, he reduced his margin of profit to 40% and his sales increased by 10%. What is the ratio of his new profit to his usual profit?

[Dhaka Bank MTO-2011 : 2011]

1. 9:8

2. 9:10

3. 11:10

4. 44:45

5. None of these

Answer

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