Question
If both the companies X and Y placed an order for 3
watches of type I, 4 watches of type III and 2 watches of type II, what is the difference between the amounts paid by both the companies? (Given: Company X and company Y paid Rs. 50,000 and Rs. 75,000 respectively for one watch of type I) Study the information carefully to answer the questions that follow : A precision manufacturing company produces four different types of watches I, II, III, and IV. The cost of four watches of type I is equal to the price of one watch of type IV. The cost of 3 watches of type II is equal to the price of one watch of type III. Further, the price of watch of type II is twice the price of watch of type I. Now, three different companies X, Y, and Z place different orders with variable prices of the watches.Solution
Which of the following is incorrect when calculating the turnover of an enterprise for classification as micro, small, or medium? Â
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