Question

Company Z considered the price of type II watch as Rs. 50,000. The company placed an order for 2 watches of each type and paid an advance amount of Rs. 2 Lakhs. What is the balance amount that the company needs to pay?

Q: Answer-&lt;p&gt;Company Z considered the price of type II watch as Rs. 50,000. The company placed an order...

Given that 4I IV, 3II III and 2I II On solving all three in terms of I - Ratio of Prices are of IIIIIIIV 1264given Price of one vehicle of type ll 2x 50,000 x 25,000 Price of a type I vehicle 1 times 25,000 25,000 Price of a type III vehicle 6 times 25,000 1,50,000 Price of a type IV vehicle 4 times 25,000 1,00,000 Total amount of purchase 2 times 25,000 2 times 50,000 2 times 1,50,000 2 times 1,00,000 50,000 1,00,000 3,00,000 2,00,000 6.5 lakhs Balance amount to be paid 6.5 - 2 4.50 Lakhs

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.

A Rs. 4.25 Lakhs

B Rs. 4.50 Lakhs

C Rs. 3.75 Lakhs

D Rs. 6.50 Lakhs

E None of these