Suppose you are the manager of ABC Clothing Ltd. It comes to your knowledge that postal expenses have increased by 15% over the standard price and cost of labour and raw materials has increased by 3 %. Which of the two situations is more critical according to you ?

You are a manager in a car manufacturing company. It is reported that posta expenses have increased by 10 % and cost of raw material is increased by 2 % which of the two deviations is more critical to you ? It is related to which concept of controlling ?

You are the manager of a tyre manufacturing company. If it is reported to you that postal expenses have increased by 20% and cost of raw materials by 2%, which of the two deviations is more critical to you. Give reason

The price of raw materials has gone up by 15% , labour cost has also increased from 25% of the cost of raw material to 30% of the cost of raw material. By how much percentage should there be reduction in the usage of raw materials so as to keep the cost same

A small and medium enterprise imports two components A and B from Taiwan and China respectively and assembles them with other component to form a toy. Component A contributes to 10% of production cost while component B contributes to 20% of production cost. Usually the company sells this toy at 20% above the production cost. Due to increase in the raw material and labour cost in both the countries, component A became 20% costlier and component B became 40% costlier. Owing to these reasons the company increased its selling price by 15%. Considering that cost of other components does not change, what will be the profit percentage if the toy is sold at the new price? 15. 5 % b. 25. 5 % c. 35. 5 % d. 40%

Given below are two quantities named A and B. Based on the given information, you have to determine the relation between the two quantities. You should use the given data and your knowledge of Mathematics to choose among the possible answers. There are two people A and B who bought a book at the same cost and they mark up the price by 25%. Quantity 1: A sells the book after giving some discount, he bears no profit no loss on the transaction. Find the discount percent.Quantity 2: B gives the discount of Rs. 25 and the difference between the cost price and the discount is Rs.175, find the profit percent of the whole transaction

The cost of manufacturing a car is made up of three items; cost of materials,labour and overheads.In a year,the cost of these items were in the ratio 4:3:2. Next year the cost of materials rose by 10%, cost of labour increased by 8% but the overheads reduced by 5% .Find the increase percent in the price of the car.

The yield point of a typical solid is about 1%. Suppose you are lying horizontally and two persons are pulling your hands and two persons are pulling your legs along your own length. How much will be the increase in your length if the strain is 1% ? Do you think your yield point is 1% or much less than that ?