# math

A product cost \$100, 90% of the price being production cost,the remainder being tax, if the govt raises the tax by 50%, by how much in % will the factory have to reduce its production cost to keep he price still at \$100

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1. \$10 is tax. 50% of that is \$5, so reduce the cost by that much. What % of 90 is 5?

Just wondering -- where is the profit needed to make money?

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