Please write your answer along with a few lines of reasoning as a comment below:
A company purchases two components C1 and C2 from the US and UK respectively. C1 and C2 respectively form 30% and 50% of the total production cost. Company makes a profit of 20%. Due to a change in global markets, the US Dollar appreciated by 20% and the Pound depreciated by 12%. What is the profit if the selling price remains unchanged?
Comments
Akash Gupta* - Apr 24, 2023
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Simran Raman - Apr 21, 2023
20%
As new c1= 36 c2= 44 total 80 which is equal to old pc that is 80.
Nancy verma - Apr 21, 2023
Let total profit be 100.
30+50=80
SP= 80*120/100=96
36+44=80
New profit% = 16/80*100=20%
Ayushi verma - Apr 21, 2023
My answer is 20%
Let TPC be 100, then C1 be 30 and C2 be 50. Total 30+50= 80
Profit of 20%, SP = 80*120/100 = 96
Dollar appreciate by 20% and pound depreciate by 12% then CP of C1 = 36 and C2 = 44. Total CP = 80
New Profit % = 16/80*100 = 20%
Avanish - Apr 21, 2023
20%