Multiple Choice Questions on If the profit margins as percentage of sales on Cow Ghee Soap Dant kanti and Kesh Kanti in 2013 14 a........... for UPPCS Exam Preparation

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Elelmentary Mathematics (UPPCS)

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Indian Economy - Understanding the basics of Indian economic system

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    Directions: Study the following table and chart carefully and answer the questions given beside:
    The following table shows the sales figures of Patanjali (in Rs. million) for the period of 2012 to 2017
    The following pie chart shows the contribution of different products to the sales figure 2016-17

    If the profit margins, as percentage of sales, on Cow Ghee, Soap, Dant kanti and Kesh Kanti in 2013-14 are 18%, 12%, 22% and 16% respectively and sales from these products form 32%, 25%, 20% and 15% respectively, what is the approximate profit contributed by these products (in Rs. million)?

    35

    Incorrect Answer

    28

    Correct Answer

    30

    Incorrect Answer

    25

    Incorrect Answer

    31

    Incorrect Answer
    Explanation:
    Sales for 2013-14 = Rs. 180 million
    Profit = [(0.32 × 0.18) + (0.25 × 0.12) + (0.20 × 0.22) + (0.15 × 0.16)] of 180 
    = [0.0576 + 0.03 + 0.044 + 0.024] of 180 
    = 0.1556 × 180 ≈ 28 million
    Hence, option B is correct.

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