CMA Foundation · Fundamentals of Business Mathematics and Statistics · Statistical Representation of Data
In a percentage component bar diagram, the total cost of a product is Rs 250 per unit, made up of material Rs 100, labour Rs 75 and overheads Rs 75. What height, in percent of the bar, would the labour segment occupy?
The labour segment would occupy 30 percent of the bar. Labour cost is Rs 75 out of a total Rs 250 per unit, and 75 divided by 250 multiplied by 100 gives 30 percent.
- A25 percent
- B30 percentCorrect
- C40 percent
- D75 percent
Explanation
Labour share = 75/250 x 100 = 30 percent. Using 100 for material would give 40 percent, which is the material segment, not labour.
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