10. The cost of making an article is divided between materials, labour and overheads in the ratio 5:3:1. If the materials cost 6.90, then cost of the article is (a) 12.42 (b) 13.20 (c) 14.00 (d) None of these.
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Answer:
Let the total cost of making an article be x Rs.
The cost is divided between materials, labour and overheads in the ratio 5:3:1
Let x be the cost of overheads, then cost of labour is 3x and cost of materials is 5x.
Since, the cost of materials is 125 Rs.
⟹5x=125
∴ x=25
Thus, the cost of labour =3x=3×25=75
Hence, the cost of labour is 75 Rs.
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Answer:
option (a) 12.42 is right
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