
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
A merchant has the opportunity to obtain his products at 10% less cost than usual. If he decides to also increase his selling price by 5%, and desires to compute his new profit percentage over cost, given that his original profit was 20%, what would be his new profit percentage?
A) 35%
B) 38%
C) 40%
D) 42%
E) 45%

Present the answer in LaTex format: \boxed{Your answer}
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