The price of a table which is sold for Rs. 4000 is made up as follows: cost of material, 30%; cost of manufacture, 50%, profit, 20%. If the cost of material falls  2 5 6 % and the cost of manufacture rises 20%. Find the new profit if the table is still sold for Rs. 4000?

Option 1 -

450

Option 2 -

300

Option 3 -

540

Option 4 -

350

0 3 Views | Posted a month ago
Asked by Shiksha User

  • 1 Answer

  • V

    Answered by

    Vishal Baghel | Contributor-Level 10

    a month ago
    Correct Option - 1


    Detailed Solution:

    (a):Cost of material = 30% of 4000 = 1200

    New cost of material =  1 2 0 0 ( 1 ? 2 6 6 1 0 0 ) = 1150

    Cost of manufacturing = 2 0 0 0 ( 1 + 2 0 1 0 0 )  = 2400

    So, new profit = 4000 – (2400 + 1150) = 450

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