A shopkeeper sells a television set and earns a profit of 120% in the month of January. In the next month, the transportation cost increases by 25% but he does not change the selling price. Calculate the percentage of profit gained in the month of February.
A shopkeeper sells a television set and earns a profit of 120% in the month of January. In the next month, the transportation cost increases by 25% but he does not change the selling price. Calculate the percentage of profit gained in the month of February.
A90.00%
B76.00%
C85.50%
D65.75%
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