The cost of manufacturing of an article is made up of material, labour and overheads in the ratio 4:3:2. If the cost of labour is Rs.45, find the total cost of the article. Also, find the profit percent, if the article is sold for Rs.180.
A
3313%
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B
50%
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C
6613%
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D
none of these
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Solution
The correct option is A3313% Let the cost of material, labour and overheads be 4x,3x,2x respectively. Given, cost of labour 3x=45 =>x=15 Let PP be the total Cost price of the article