Question
The cost price of machine X is Rs. 600 more than the
cost price of machine Y. Machine X is sold at a profit of 25%, and machine Y is sold at a profit of 40%. If their selling prices are equal, find the cost price of machine X.Solution
ATQ, Let the cost price of machine Y = x Cost price of machine X = x + 600 According to the question, (x+600) 125/100 = x140/100 25x + 15000 = 28x 3x = 15000 x = 5000 Cost price of machine X = 5000 + 600 = Rs.5600 Required answer = Rs.5600
When variable cost is zero, the total cost will be?Â
I. Equal to variable cost
II. Equal to fixed cost
III. Equal to average variable cost
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