The monthly demand for ice cans being manufactured by Mr. Cruz is 3,200 pieces. With a manually operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Cruz at a price of P275, 000 and which will cut by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Cruz be able to recover the cost of the machine if he decides to buy now?

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