SOLUTION: Mr. Cutler usually makes a 45% profit on every radio he sells. During a sale, he reduces his margin of profit to 40%, while his sales increase by 10%. What is the ratio of his new
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-> SOLUTION: Mr. Cutler usually makes a 45% profit on every radio he sells. During a sale, he reduces his margin of profit to 40%, while his sales increase by 10%. What is the ratio of his new
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Question 1101757: Mr. Cutler usually makes a 45% profit on every radio he sells. During a sale, he reduces his margin of profit to 40%, while his sales increase by 10%. What is the ratio of his new total profit to the original profit? Answer by richwmiller(17219) (Show Source):
