Question
What is the amount of profit earned by Reebok on
Sneakers? Seven companies Fila, Sketchers, Woodland, Reebok, Puma, Adidas and Nike are engaged in sale of sports shoes and sneakers. Study them carefully and answer the questions given below. Cost of the total sale (both items together) by seven companies = Rs 25 crores Ratio of sales between sport shoes and sneakers and the per cent profit earned for those items.Solution
Required profit earned = 25% of 5/8 of 8% of 25 crore = Rs 31.25 lakhs
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