The cost of manufacturing a popular model car is made up of 3 items - Cost of…

2026

The cost of manufacturing a popular model car is made up of 3 items - Cost of raw material, Labour and Overheads. In a year the cost of three items were in the ratio of 4:3:2. Next year the cost of the raw material rose by 10%, labour cost increased by 8% but overheads reduced by 5%. How many Percent, the price of car was increased?

  1. A.

    7.67%

  2. B.

    6.00%

  3. C.

    0.54%

  4. D.

    9.54%

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Correct answer: B

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