Find the factory cost (in Rs.) of 1000 studs if the prime cost is Rs.625 and total labour cost is Rs.200. Take factory on cost as 150% of the total labour cost.
Find the factory cost (in Rs.) of 1000 studs if the prime cost is Rs.625 and total labour cost is Rs.200. Take factory on cost as 150% of the total labour cost. Correct Answer 925
Given, 1000 studs Prime cost = Rs.625 Total labour cost = Rs.200 Factory on cost = 150% of total labour cost We know that, Factory cost = Prime cost + Factory on cost = Rs.625 + 1.5 × 200 = 625 +300 = Rs.925