Let the total initial cost of production be Rs. 100
Then,
manufacturing cost = Rs. 60.
Cost of raw materials = Rs. 40.
Original Selling Price
=Rs.(100+604)=Rs. 115
New cost of raw materials = 130% of Rs. 40 = Rs. 52
New Manufacturing cost = 120% of Rs. 60 = Rs. 72
New cost of the product = Rs. (52 + 72) = Rs. 124
New S.P. = 160% of Rs. 115
=Rs.(160100×115)=Rs. 184
New profit = Rs. (184 - 124) = Rs. 60
∴New profit %=(60124×100)%=48.39%.
New cost of raw materials = 130% of Rs. 40 = Rs. 52
New Manufacturing cost = 120% of Rs. 60 = Rs. 72
New cost of the product = Rs. (52 + 72) = Rs. 124
New S.P. = 160% of Rs. 115
=Rs.(160100×115)=Rs. 184
New profit = Rs. (184 - 124) = Rs. 60
∴New profit %=(60124×100)%=48.39%.
",
"dateCreated": "7/24/2019 10:09:12 AM",
"author": {
"@type": "Person",
"name": "Nitin Sir"
}
},
"suggestedAnswer": {
"@type": "Answer",
"text": "
Solution:
Let the total initial cost of production be Rs. 100
Then,
manufacturing cost = Rs. 60.
Cost of raw materials = Rs. 40.
Original Selling Price
=Rs.(100+604)=Rs. 115
New cost of raw materials = 130% of Rs. 40 = Rs. 52
New Manufacturing cost = 120% of Rs. 60 = Rs. 72
New cost of the product = Rs. (52 + 72) = Rs. 124
New S.P. = 160% of Rs. 115
=Rs.(160100×115)=Rs. 184
New profit = Rs. (184 - 124) = Rs. 60
∴New profit %=(60124×100)%=48.39%.
",
"dateCreated": "7/24/2019 10:09:12 AM"
}
}
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