A manufacturer of Surat purchased three chemicals, A, B and C from Bombay. The invoice gave the following information: A shortage of 200 kgs in chemical A, of 280 kgs in chemical B and of 100 kgs in...

A manufacturer of Surat purchased three chemicals, A, B and C from Bombay. The invoice gave the following information:

A shortage of 200 kgs in chemical A, of 280 kgs in chemical B and of 100 kgs in chemical C was noticed due to breakages. At Surat, the manufacturer paid octroi duty @ `1 per kg. He also paid cartage, `2,000 for chemical A, `6,000 for chemical B and `3,000 for chemical C. Calculate the stock rate that you would suggest for pricing issue of chemicals assuming a provision of 5 per cent towards further deterioration.