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A manufacture undertakes to supply 2000 piecesof a particular componentat Rs. 25 per piece. According to his estimates ,even if 5% fail to pass the quality tests , then he will make a profit of 25% . However as it turned out, 50% of the components were rejected . What is the loss to the manufacture ? |
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Answer» Rs. 12,000 2000-100=1900 If he SELLS 1900 he will get 25% profit cost per price Rs. 25 `implies 25xx1900xx100//125=38000` =CP if 5% rejected, only 1000 pieces SOLD so `1000xx25=25000=SP` Loss=CP-SP=38000-25000=13000 |
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