Q275
Previously, the manufacturing cost of a product was thrice the cost of raw material. Now the cost of raw material increases in the ratio 5 : 12 and manufacturing cost increases in the ratio of 3 : 5. The previous cost of the product was Rs. 8. What should be the present selling price so that 25% profit can be made?
A.
Rs. 13.70
B.
Rs. 14.80
C.
Rs. 18.50
AnswerD.
Rs. 19.50
Answer: Option C
Solution
Answer: Option C
Solution:
Original C.P. of the product = Rs. 8.Original manufacturing cost
Original cost of raw material
New manufacturing cost
New cost of raw material
New S.P. of the product