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In the following pie-chart, the various expenditures of an industry are presented. Total expenditure on raw material is Rs.30 lac. If labour expenditure is increased by 5%. How much expenditure on other expenses be reduced to maintain the profit?
  • a)
    5.9%
  • b)
    12.86%
  • c)
    6.43%
  • d)
    6.21%
  • e)
    None of the above
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
In the following pie-chart, the various expenditures of an industry a...
Total expenditure of labour (3000000/120) × 90 = 2250000
New expenditure of labour (2250000/100) × 105 = Rs.2362500
Total increment of labour 2362500 − 2250000 = Rs112500
Other expenditure (3000000/120) × 70 = Rs.1750000
% increased By (112500/1750000) × 100 = 6.43%
Hence, the correct option is (c).
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In the following pie-chart, the various expenditures of an industry are presented. Total expenditure on raw material is Rs.30 lac. If labour expenditure is increased by 5%. How much expenditure on other expenses be reduced to maintain the profit?a)5.9%b)12.86%c)6.43%d)6.21%e)None of the aboveCorrect answer is option 'C'. Can you explain this answer?
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