If 5500 kg are produced, miscellaneous expenditures amount

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Direction: Study the following pie-chart carefully and answer the following questions.

If 5500 kg are produced, miscellaneous expenditures amount to Rs. 1848 and manufacturer's profit is 25% then selling price per kg steel is :

1. Rs. 6.50
2. Rs. 8.50
3. Rs. 10.50
4. Rs. 12.50

Correct Option: C

Here, miscellaneous expenditures amount 4% = Rs. 1848
Then, total expenditures amount for all 100% = 1848 x 100/4 = Rs. 46200
Hence, cost of 5500 kg = Rs. 46200
then cost of 1 kg = 46200/5500 = Rs. 8.40
Hence, S.P. per kg = 125/100 x Rs. 8.40 =Rs. 10.50