|
79.
|
A
small and medium enterprise imports two components A and B from Taiwan and
China respectively and assembles them with other components to form a toy.
Component A contributes to 10% of production cost. Component B contributes to
20% of the production cost. Usually, the company sells this toy at 20% above
the production cost. Due to increase in the raw material and labour cost in
both the countries, Component A became 20% costlier and component B became
40% costlier. Owing to these reasons the company increased its selling price
by 15%. Considering that cost of other components does not change, what will
be the profit percentage, if the toy is sold at the new price?
|
|
A.
|
15.5%
|
|
B.
|
25.5%
|
|
C.
|
35.5%
|
|
D.
|
40%
|
|
Answer
– (B)
Solution:
Let
the price of the products be 100.
Then, the price of the components A and B will be 10 and 20 respectively.
As the profit is 20%, the selling price = 120.
Due
to increase in the price of raw material, the new costs of components A and B
will be 12 and 28 respectively.
The new selling price =115% of 120=138
As,
there is no change in the price of the other components,
New cost of the products = 110.
Thus, new profit =(28110)*100= 25.45%
|
Title : Percentage Q79
Description : 79. A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles the...
Rating : 5
