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CMAT 2016 Solved Question Paper

Directions (Q. Nos. 12-13) The graph below gives number of bikes produced by the two competitor companies A and B over the past years (Numbers in thousands).

Question : 13

Total: 100

The production cost of a product A is as follows : Material-10%, Labour-20% and Overheads-15%. Other costs (including storage, distribution and advertisement costs) add up to ? 330 per unit. If the manufacturer wants to earn 20% profit, then what should be the selling price per unit of product A?

₹ 720
₹ 700
₹ 840
₹ 600

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