Study the graph and answer the question that follows:
The graph indicates the cost of the production of a firm.
A = Raw material cost
B = Packing material cost
C = Fixed manufacturing expenses
D = Labour cost
The total value in rupees of all sectors is 120.0 lakh.
If the total labour cost increases to Rs. 2.4 lakh, what percentage increase does it represent?
Study the graph and answer the question that follows: The graph indicates the cost of the production of a firm.
A = Raw material cost
B = Packing material cost
C = Fixed manufacturing expenses
D = Labour cost
The total value in rupees of all sectors is 120.0 lakh.
If the total labour cost increases to Rs. 2.4 lakh, what percentage increase does it represent?
Solution
✅ Correct Option: 2
Find current labour cost from pie chart:
Total value = Rs. 120 lakh
Labour cost (D) = of total
Current labour cost = = Rs. lakh
New labour cost is given:
New labour cost = Rs. lakh
Calculate percentage increase:
Percentage increase =
=
=
=
=