For a factory, the following figures have been obtained for 1989:

A work order was executed in 1990 and the following expenses were incurred: materials—Rs 16,000 and wages—Rs 10,000.
Assuming that in 1990 the rate of factory overheads increased by 20%, distribution overheads went down by 10%, and selling and administration overheads each went up by 12 ½%, at what price should the product be sold so as to earn the same rate of profit on the selling price as in 1989?
Factory overheads are based on direct wages, whereas all other overheads are based on factory cost.

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Rs Cost of materials 3,00,000 Direct wages 2,50,000 Factory overheads 1,50,000 Administration overheads 1,68,000 Selling overheads 1,12,000 Distribution overheads 70,000 Profit 2,10,000