If the labour cost 20 of the cost of production and raw material cost 10 of the cost of production a...........

Quantitative Aptitude ( CCS) Profit and loss

If the labour cost 20% of the cost of production and raw material cost 10% of the cost of production and the price on which article is sold is 20% above the cost of production. If the price of labour is increased by 40% and the price of raw material increased by 20% and rest other expenditure of cost remain constant. The industry thus decide to increase the selling price by 10%. Find the new profit percent ?

20%

22%

25%

30%

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