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 - <p>450</p>
Option 2 - <p>300</p>
Option 3 - <p>540</p>
Option 4 - <p>350</p>
3 Views|Posted 7 months ago
Asked by Shiksha User
1 Answer
V
7 months 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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