Question

3. In 2001, the transportation cost of an item was 30% of its manufacturing cost. From 2001 to 2002, its
manufacturing cost went up by 20%. Its transportation cost in 2002 was 331% of its manufacturing cost
in that year. By what percent should the total cost in 2002 be reduced to bring it back to that in 2001?
1) 12.5% 2) 18.75% 3) 31.25% 4) 25%



Give me the solution​

Answer 1

Answer:

ans is 18.75

Step-by-step explanation:

let price of manufacturing in 2001 =100

so transport cost =30

now in 2002,

manufacturing cost =120

so,tp=40

and total cost in 2001 =130

and in 2001 =160

so,160-130/160 *100

=18.75