A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles them with other components to form a toy. Component A contributes to 10% of production cost. Component B contributes to 20% of the production cost. Usually, the company sells this toy at 20% above the production cost. Due to increase in the raw material and labour cost in both the countries, Component A became 20% costlier and component B became 40% costlier. Owing to these reasons the company increased its selling price by 15%. Considering that cost of other components does not change, what will be the profit percentage, if the toy is sold at the new price?
Correct Answer : B
A man invests Rs. 3000 at a rate of 5% per annum. How much more should he investat a rate of 8%, so that he can earn a total of 6% per annum?
Seats for Mathematics, Physics and Biology in a school are in the ratio 5:7:8. There is a proposal to increase these seats by 40%, 50% and 75% respectively. What will be the ratio of increased seats?
An outgoing batch of students wants to gift a PA system worth Rs 4,200 to their school. If the teachers, offer to pay 50% more than the students and an external benefactor gives three times the teacher's contribution, then how much should the teachers donate?