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CAT/1997

Question . 152

In which year were the overheads, as a percentage of the raw material, the maximum?

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Explanatory Answer

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(c) The over heads, as a percentage of the raw material, in the years 1992, 1993, 1994 and 1995 can be calculated as 36%, 23.07%, 30.66% and 26.25% respectively. This was maximum in 1992