Question

span >Find the cost of manufacturing each article if a manufacturer estimates that on inspection 18% of the articles he produces will be rejected. He accepts an order to supply 55,000 articles at Rs. 6.5 each. He estimates the profit on his outlay including the manufacturing of rejected articles to be 30%.

A Rs 8.30
B Rs 7.30
C Rs 4.10
D Rs 4.30
E None of these
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