Question

span >Find the cost of manufacturing each article if a manufacturer estimates that on inspection 17% of the articles he produces will be rejected. He accepts an order to supply 50,000 articles at Rs. 11 each. He estimates the profit on his outlay including the manufacturing of rejected articles to be 10%.

A Rs 8.30
B Rs 7.30
C Rs 8.25
D Rs 4.30
E None of these
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