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The raw material and manufacturing cast formed individually 70% and 30% of the total cost and the profit percentage is 14.28% of the raw material. If the cost of raw material increase by 20% and the cost of manufacturing is increased by 40% and the selling price is increased by 80% then the new profit percentage is :
57.14%
65.9% 87.34% 34.76%
87.34%
34.76%
RM+ MC = TOTAL CAST
Total cost + profit = sale price
70 + 30 = 100 100 + 10 = 110
84 + 42 = 126 126 + 72 = 198 (+80% of 110 =72)
Therefore profit % = 72/126x100= 57.14
By: bhavesh kumar singh ProfileResourcesReport error
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