15 votes 15 votes A foundry has a fixed daily cost of $\text{Rs} \ 50,000$ whenever it operates and a variable cost of $\text{RS} \ 800 Q$,where $Q$ is the daily production in tonnes. What is the cost of production in $\text{Rs}$ per tonne for a daily production of $100$ tonnes. Quantitative Aptitude gate2014-ae quantitative-aptitude cost-market-price numerical-answers + – Akash Kanase asked Feb 16, 2016 edited Jun 2, 2019 by Lakshman Bhaiya Akash Kanase 1.7k views answer comment Share Follow See all 0 reply Please log in or register to add a comment.
Best answer 16 votes 16 votes Answer: $1300$ For a daily production of $100$ tonnes, the daily cost of foundry would be Rs $50,000 + \left ( 800 \times 100 \right ) =$ Rs $130,000.$ Hence cost of production in Rs per tonne $= \frac{130,000}{100} =$ Rs $1,300$. अनुराग पाण्डेय answered Feb 27, 2016 selected Feb 27, 2016 by Arjun अनुराग पाण्डेय comment Share Follow See all 0 reply Please log in or register to add a comment.