Multiple Choice Questions on A firm of readymade garments makes both men rsquo s and women rsquo s shirts Its average profit is 6........... for SSC CGL Exam Preparation

Profit and loss

Quantitative Aptitude (CGL)

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Indian Economy - Understanding the basics of Indian economic system

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    A firm of readymade garments makes both men’s and women’s shirts. Its average profit is 6% of the sales. Its profit in men’s shirts average 8% of the sales and women’s shirts comprise 60% of the output. Find the average profit per sales rupee in women’s shirts .

    1.2560

    Incorrect Answer

    0.0125

    Incorrect Answer

    0.0566

    Incorrect Answer

    0.0466

    Correct Answer
    Explanation:

    According to questions,
    women’s shirts comprise 60% of the output.
    Therefore, Men’s shirts comprise 40% of the output.
    Average profit from men’s shirts = 8% of 40 = 3.2 out of 40
    Overall average profit = 6 out of 100
    Average profit from women’s shirts = 2.8 out of 60
    = 0.0466 out of each shirt.

    Hence, option 4 is the correct answer.


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