The raw material cost of an article is 1/3 of its manufacture cost. If the cost of manufacturing is decreased in the ratio of 4 : 3 and the cost of its raw material is increased in the ratio of 4 : 5, then overall cost of article reduced by Rs. 4. Find out its initial cost?
Let cost of raw material be = x Then its manufacturing cost = 3x Overall cost = x + 3x = 4x After decreasing manufacture cost its become = 3x/4 × 3 = 9x/4 After increasing raw material cost its become = (x×5)/4 = 5x/4 Then overall cost of article = 9x/4 + 5x/4 = 14x/4 = 7x/2 Difference in cost = 4x - 7x/2 = Rs. 4 (8x-7x)/2 = 4 x = 8 ∴ Then initial cost of the article = x - 3x = 4x = 4 × 8 = Rs. 32
The Rent controller shall be not below the rank of:
According to the Legal Services Authority Act the _________ may constitute a Committee, to be called the Taluk Legal Services Committee, for each taluk ...
The endorsement made on the document admitted in evidence shall be signed or initialed by
In the context of insurance policies, who does the term "policy-holder" include as per the Insurance Act?
Article 20 of Constitution of India speaks about:
In which of the following reports, the Law Commission recommended the “Breakdown Principle” to be accepted as the additional ground for divorce:
Under order 8 rule 6 C.P.C. set-off may be permitted if
Which of the following is not an example of a public trust doctrine?
An agent ____________ personally enforce contracts entered into by him on behalf of his principal, nor is he personally bound by them
The terms "Pledge", "Pawnor" and "Pawnee" has been defined under which section of the Contract Act?