Question

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.

Company Y placed an order considering the rate of type III watch as Rs. 1.5 Lakhs. What amount would the company have to pay for 3 watches of type IV and 2 watches of type I?

A Rs. 2.50 Lakhs Correct Answer Incorrect Answer
B Rs. 5 Lakhs Correct Answer Incorrect Answer
C 4.75 Lakhs Correct Answer Incorrect Answer
D 3.50 Lakhs Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

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