Solved UPSC CDS/OTA Question
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Q · PercentageMedium · 45s
The price of soap is collectively decided by five factors: raw materials, research, labour, advertisements and transportation. Assume that the functional relationship is Price of soap = (k’ × Raw material costs × Research costs × labour costs × Advertising cost × Transportation cost). If there are respective changes of 20%, 20%, -20%, 25% and 10% in five factors, then find the percentage change in the price of soap.
TopicPercentage
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
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Final Answer: Option D — 56%