A company ABC limited has `12` machines of equal efficiency in its manufacturing plant. The annual manufacturing expense

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Q 2227112981.     A company ABC limited has `12` machines of equal efficiency in its manufacturing plant. The annual manufacturing expenses are `Rs.24000` and the establishment charges are `Rs.10000`. The annual output of the company is `Rs.48000`. the annual output is directly proportional to the number of machines while the share holders’ gets the `10%` profit, which is directly proportional to the annual output of the company. If of machines remain closed throughout the year. Then the percentage decrease in the amount of shareholders is:
IBPS-PO 2017 Mock Mains
A

`26.66%`

B

` 28.56%`

C

`28.33%`

D

`42.8%`

E

None of these

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Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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