Multiple Choice Questions on A firm of readymade garments makes both men rsquo s and women rsquo s shirts Its average profit is 5........... for Mathematics - All Exams Preparation

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    A firm of readymade garments makes both men’s and women’s shirts. Its average profit is 5% of the sales. Its profit in men’s shirts average 9% of the sales and women’s shirts comprise 60% of the output. The average profit per sale rupee in women shirts is

    0.0266

    Incorrect Answer

    0.0466

    Incorrect Answer

    0.0433

    Incorrect Answer

    0.0233

    Correct Answer
    Explanation:

    Let the total sales be Rs. 100
    Women's shirt comprise 60% of the output
    ⇒ Rs. 60 out of Rs. 100 is sales of female’s shirts
    ∴ Men's shirts comprise (100 – 60) = 40% of the output
    ⇒ Rs. 40 out of Rs. 100 is the sales of male’s shirts
    ∴ Average profit from men's shirt = 9% of 40 = Rs. 3.6
    Overall average profit = 5 % of 100 = Rs. 5
    ∴ Average profit from women's shirts = 5 – 3.6 = Rs. 1.4
    This is from the sale of Rs. 60
    The profit per rupee is 1.4/60 = 0.0233
    The  average profit per sale rupee in women shirts is Rs. 0.0233


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