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A firm producing air purifiers sold 200 units in 2012. The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in 2012. The expenditure on labour in 2012 is Rs. 4,50,000. In 2013, the raw material expenses increased by 30% and all other expenses increased by 20%. If the company registered a profit of Rs. 10 lakhs in 2012, at what price (in Rs.) was each air purifier sold?
  • a)
    10000
  • b)
    20000
  • c)
    30000
  • d)
    40000
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
A firm producing air purifiers sold 200 units in 2012. The following p...
Given that expenditure on labour in 2012 is Rs, 4,50,000 which is 15% of cost of total manufacturing cost of firm
Total Manufacturing Cost x 0.15 = 4,50,000
Total Mfg. Cost = 4,50,000 / 0.15
= 30,00, 000
Total Profit is = 10,00,000
Total Sale obtained from 200 purifier  = manufaturing cost + profit = 40,00,000
So cost of one purifier = 40,00,000 / 200
= Rs. 20,000
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A firm producing air purifiers sold 200 units in 2012. The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in 2012. The expenditure on labour in 2012 is Rs. 4,50,000. In 2013, the raw material expenses increased by 30% and all other expenses increased by 20%. If the company registered a profit of Rs. 10 lakhs in 2012, at what price (in Rs.) was each air purifier sold?a)10000b)20000c)30000d)40000Correct answer is option 'B'. Can you explain this answer?
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A firm producing air purifiers sold 200 units in 2012. The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in 2012. The expenditure on labour in 2012 is Rs. 4,50,000. In 2013, the raw material expenses increased by 30% and all other expenses increased by 20%. If the company registered a profit of Rs. 10 lakhs in 2012, at what price (in Rs.) was each air purifier sold?a)10000b)20000c)30000d)40000Correct answer is option 'B'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about A firm producing air purifiers sold 200 units in 2012. The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in 2012. The expenditure on labour in 2012 is Rs. 4,50,000. In 2013, the raw material expenses increased by 30% and all other expenses increased by 20%. If the company registered a profit of Rs. 10 lakhs in 2012, at what price (in Rs.) was each air purifier sold?a)10000b)20000c)30000d)40000Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A firm producing air purifiers sold 200 units in 2012. The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in 2012. The expenditure on labour in 2012 is Rs. 4,50,000. In 2013, the raw material expenses increased by 30% and all other expenses increased by 20%. If the company registered a profit of Rs. 10 lakhs in 2012, at what price (in Rs.) was each air purifier sold?a)10000b)20000c)30000d)40000Correct answer is option 'B'. Can you explain this answer?.
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