Question

4. after having spent 35% of the money on machinery 40% on raw material and 10% on staff a person is left with rs 60 000.the total amount of money spent on machinery and raw material is

Answer 1

Machinery = 35%

Raw material = 40%

Staff = 10%

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STEP 1: Find remaining percentage:

Remaining = 100 - 35 - 40 - 10 = 15%

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STEP 2: Find 1%:

Remaining = 15%

Remaining = 60 000

15% = 60 000

1% = 60 000 ÷ 15

1% = Rs 4000

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STEP 3: Find machinery and raw material

Machinery = 35% = 35(4000) = 140 000

Raw material = 40% = 40(4000) = 160 000

Total = 140 000 + 160 000 = Rs 300 000

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Answer: Total cost of machinery and raw material is Rs 300 000