Question

The cost of manufacturing an article is divided between materials, labour cost and overheads in the ratio 4:3:1. If the cost of materials rises by 35%, labour cost rises by 20% and overheads decrease by 10%, find the percentage increase in the cost of article.​

Answer 1

Answer:

Step-by-step explanation:

i did this question this way , hope it helps.

Materials : labour : Overheads = 3 : 4 : 1

Sum of ratios = 3 + 4 +1 = 8

If the total cost be Rs. x, then

3x8=234

=> x=234×83= Rs.624

Therefore, Labour cost = 48×624 = Rs.312