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In a manufacturing unit it was noted that the price of...

This question belongs to Arithmetic Ability Percentage
Percentage
?

In a manufacturing unit, it was noted that the price of raw material has increased by 25% and the labor cost has gone up from 30% of the cost of raw material to 38% of the cost of the raw material. What percentage of the consumption of raw material be reduced to keep the cost the same as that before the increase?

Answer & Solution
Correct Answer: Option C
Raw material → 25% increase
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