Question
Find the cost of manufacturing each article if a
manufacturer estimates that on inspection 12% of the articles he produces will be rejected. He accepts an order to supply 80,000 articles at Rs. 8 each. He estimates the profit on his outlay including the manufacturing of rejected articles to be 10%.Solution
If 100 articles are manufactured then 12 will be rejected Total selling price of 88 articles = 88 Ă— 8 = 704 Total cost price = (704 Ă—Â 100)/110 = 640 cost of manufacturing per article = 640/100 = Rs 6.40
Economic injury level is ________________ economic threshold level.
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Number of Nuclei present in a pollen grain are :
The Indian Agricultural Research Institute (IARI) recently introduced a new high-yielding wheat seed variety which is resistant to yellow, and leaf rust...
Marginal utility of money can NOT be
1. Positive
2. Negative
3. Zero
Which of above is/are correct?
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In Pearson's correlation coefficient, what does a value of -1 indicate?
The maximum amount of energy is liberated on oxidation of ____
The scientist who initiated cloud seeding experiments using silver iodide was
Given below are two statements:Â
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