Multiple Choice Questions on Product P and Product T together enjoys approximately what percentage share of the total Profit Prof........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Product P and Product T together enjoys approximately what percentage share of the total Profit Prof...........

Quantitative Aptitude ( CCS) Bar Graph
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    For a company ABC Ltd, the turnover(in lakhs) and profitability (in %) are given for the year 2015 for its five products P, Q, R, S and T

    Product

    Profitability(%)

    P

    –

    Q

    10

    R

    –

    S

    7.5

    T

    20

    Note : Investment + Profit = Turnover

    Product P and Product T together enjoys approximately what percentage share of the total Profit(Profit % of P and T are equal) ?

    52%

    Incorrect Answer

    61%

    Correct Answer

    37%

    Incorrect Answer

    45%

    Incorrect Answer
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    Explanation:

    Explanation :
    Profit of P = 30/1.2 * 20/100 = 5
    Profit of Q = 40/1.1 * 10/100 = 3.6
    Profit of R = 2.6
    Profit of S = 50/1.075*1.75/100 =  3.5
    Profit of T = 60/1.2 *20/100 = 10
    Total Profit = 24.7
    P & T = 5+10/24.7 *100 = 60.72 = 61%

    By: Pranav Gupta
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