The price of an article is £6,000.00. It is made up as follows: Cost of materials Cost of manufacture 50%; And the rest is profit. If the cost of materials falls by 10% and the cost of manufacture increases by 10% but the price remains the same. (a) find (i) the new profit (ii) the percentage change in profit; b) find the new price of the article if the original profit is maintained. 20%;
The price of an article is £6,000.00. It is made up as follows: Cost of materials Cost of manufacture 50%; And the rest is profit. If the cost of materials falls by 10% and the cost of manufacture increases by 10% but the price remains the same. (a) find (i) the new profit (ii) the percentage change in profit; b) find the new price of the article if the original profit is maintained. 20%;
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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