Mathematics · Data Interpretation
In a pie chart representing the manufacturing costs of a scientific calculator, the 'Direct Labour Cost' accounts for 24% of the total expenditure. If 500 calculators are manufactured and the total direct labour cost on them is Rs. 1,00,000, what should be the selling price of each calculator so that the manufacturer can earn a profit of 44%?
- 1Rs. 1,000
- 2Rs. 1,200✓
- 3Rs. 1,500
- 4Rs. 600
Correct answer
Rs. 1,200
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