Question

the cost of Raw materials of the product increases 30% the manufacturing cost increases 20% and the selling price of the product increases by 60% the Raw materials manufacturing cost originally formed 40%and60% or the total cost respectively if the orginal profit percentage was one fourth the orginal manufacturing cost find the approximate new profit percentage​

Answer 1

Answer:

if the price of raw materials is 100

their manufacturing cost is 100

so according to the question ,

the cost of Raw materials of the product increases 30% the manufacturing cost increases 20%

price of raw material = 130 rs

price of manufacturing cost = 120 rs

the privious cost price are known ,

(Raw materials manufacturing cost originally formed 40% and 60% or the total cost respectively)

the privious cost price ,

= 40 % raw material + 60 % manufacturing material

= 40 +60

= 100

so according to the question ,

privious profile are known ,

(profit percentage was one fourth the orginal manufacturing cost,)

Previous profit =1/4 of manufactural=1/4 × 60 = 15

so the privious selling price = 100 + 15 = 115 rs

now , new selling price ,

= 160 / 100 × 15

= 184

new profit = new selling price - new cost price

here new cost price = 40 % and 60 %

= 40 % × 130 + 60 % × 120

= 52 + 72

= 124 rs

new profit = 184 - 124 = 60

total profit percent = profit × 100 / cost price

= 60 × 100 / 124

= 48.39 %

New profit percent is 48.39 .

this is your answer.....