A manufacturer sells three products A, B, C. Product A costs 200 and is sold tor 260 Product B costs 150 and is sold for 180. Product C costs 100 and is sold for 140. Which product should be manufactured more in order to have maximum profit percentage?
Answers
Given :
A manufacturer sells three products A, B, C. Product A costs 200 and is sold tor 260 Product B costs 150 and is sold for 180. Product C costs 100 and is sold for 140.
To find :
Which product should be manufactured more in order to have a maximum profit percentage?
Solution :
Finding Profit % of Product "A" -
CP = 200 SP = 260
Profit = SP - CP = 260 - 200 = 60
Profit % = Profit/CP x 100
= 60/200 x 100 = 30 %.
Profit % of Product "A" = 30 %
____________________________
Finding Profit % of Product "B" -
CP = 150. SP = 180
Profit = SP - CP = 180 - 150 = 30
Profit % = Profit / CP x 100
= 30/150 x 100 = 20 %
Profit % of Product "B" = 20 %
____________________________
Finding Profit % of Product "C" -
CP = 100. SP = 140
Profit = SP - CP = 140 - 100 = 40
Profit % = Profit / CP x 100
= 40/100 x 100 = 40 %
Profit % of Product "C" = 40 %.