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A firm is charged P150 per ton for hauling its raw materials by a trucking company.Forty tons per day are hauled for 300 days a
A firm is charged P150 per ton for hauling its raw materials by a trucking company.Forty tons per day are hauled for 300 days a year.It is a desired to install a railway system which would bring down the cost of hauling to P6.60 per ton.Maintenance cost of this is P12,000 per month.Tax is 1%.Average rate of earning is 20%.
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