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evangelene mopuri

· started a discussion

· 1 Months ago

New price =0.8 *12000
Please anyone explain the above step

Question:

DIRECTIONS: Study the following graph carefully and answer the questions that follow:


The pie chart given below shows the selling price of components of a  4-wheeler. The breakup of the transmission is as given in the bar graph below.



If due to some innovation, the selling price of a clutch drops by 20%, what will be the new profit margin as a percentage of selling price, if the selling price is not altered? 

Options:
A) 10.2%
B) 10.6%
C) 11.2%
D) 12.6%
E) None of these
Solution:

Ans: (c) Current price of clutch = 0.3 × 0.2 × 200000 = Rs.12000. 

New price = 0.8 × 12000 = Rs.9600

∴ Drop = Rs.2400.

∵ SP = Rs.200000, CP = Rs.180,000.

New cost price (after drop in price of clutch) = 177600.

∴ Profit = Rs.22400 

∴ Profit percentage = \(\cfrac{22400}{200000}\) = 11.2%.  

Arun Kumar Singh

· commented

· 1 Months ago

Since the price of clutch is droped by 20 % ,therefore we are writting the new price of clutch is =
80 % of 12000=0.8*12000= Rs 9600.

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