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Percentage · UPSC CDS/OTA · Question 23 of 49

Percentage: 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.

Step-by-step solution. Percentage for UPSC CDS/OTA.

Topic
Percentage
Subject
Mathematics
Difficulty
Medium
Solve Time
45-60 sec

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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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Solution illustration 1
Final Answer: Option D - 56%
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The price of soap is collectively decided by five… - Percentage (Mathematics) Solved Question