Kartik Kumar 1y ago

14%

Manish Sahoo 1y ago

Let CP = 16k so SP = 20k (25% profit) ATQ, this is gained after 20% commission. Hence MP (retail price) = (100/80)*20k = 25k Now, after Increasing commission to 24% from the same 25k we still have 76% left with us which is our selling price. so new SP = (76/100)*25k = 19k. Hence profit is 3k and profit %age is (3/16)*100 = 18.75% Note k=*1000 here

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