The price of raw materials has gone up by 15%, labor cost has also increased from 25% of the cost of raw material to 30% of the cost of raw material. By how much percentage should there be reduction in the usage of raw materials so as to keep the cost same?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
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asked Sep 07, 2023 at 09:12
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17%
answered Sep 07, 2023 at 09:12

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