74. | A Techno company has 14 machines of equal efficiency in its factory. The annual manufacturing costs are Rs 42,000 and establishment charges are Rs 12,000. The annual output of the company is Rs 70,000. The annual output and manufacturing costs are directly proportional to the number of machines. The shareholders get 12.5% profit, which is directly proportional to the annual output of the company. If 7.14% machines remain closed throughout the year, then the percentage decrease in the amount of profit of the shareholders would be: |
| A. | 12% |
| B. | 12.5% |
| C. | 13% |
| D. | None of these |
Answer – (B) Solution: Original profit =70,000−42,000−12,000=16,000
If 7.14% of 14 i.e. one of the machines closed throughout the year, then change in profit will be:
=(1314)*[70,000−42,000]=14,000 Thus, decrease in the profit %=(200016,000)*100= 12.5%
Title : Percentage Q74
Description : 74. A Techno company has 14 machines of equal efficiency in its factory. The annual manufacturing costs are Rs 42,000 and estab...
Rating : 5