Multiple Choice Questions on There are two factories one in India and another in US Mr Anish purchased these two factories for to........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

There are two factories one in India and another in US Mr Anish purchased these two factories for to...........

Quantitative Aptitude ( CCS) Mixture and Alligation
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    There are two factories, one in India and another in US. Mr. Anish purchased these two factories for total 80 crores. Later on, he sold the Indian factory at the rate of  16% profit and the US factory at 32% profit, thereby he gained  20%. What is the selling price of the factory?

    84 cr.

    Incorrect Answer

    75 cr.

    Incorrect Answer

    69.6 cr.

    Correct Answer

    68.5 cr.

    Incorrect Answer
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    Explanation:

    Indian Factory ————– US factory
    16———————32
    ————-20
    12———————4
    = 3 : 1
    The CP of Indian Factory = (80/4)*3 = 60 crores
    SP = 69.6 crores

    Hence, option 3 is the correct answer.

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