The following figure shows the different expenses that are incurred in manufacturing toys. If the total expenditure is Rs 3,00,000, then how much expenditure was incurred on Material Cost and Selling Expenses (in Rs)?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 1,29,000.
Given that
If the total expenditure is Rs 3,00,000
The percentage expenditure incurred on Material Costs and Selling Expenses = 15 + 28 = 43%
According to the question
The expenditure was incurred on Material Cost and Selling Expenses = 0.43 × 300000 = Rs 129000