A factory 39 s yearly budget for the purchase of employees 39 protection shoes increased by 60 this ...........

Quantitative Aptitude (CPO) Percentage

A factory's yearly budget for the purchase of employees' protection shoes increased by 60% this year over last year. If the price of the shoes increased by 20% this year, then the number of shoes it can purchase this year is what percent greater than the number of shoes it purchased last year?

Options:

40%

$33\frac{1}{3}%$