New IFSCA Grade A 2024: Decoding Phase 2 Paper 2 Syllabus!
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Question

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. Percentage of the total sales by the seven companies. 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.

What is the total of the profit earned by Sketchers on Sales of Sport shoes and the profit earned by Fila on Sales of Sneakers?

A Rs 52. 8 lakh Correct Answer Incorrect Answer
B Rs 9.78 crore Correct Answer Incorrect Answer
C Rs 5.28 crore Correct Answer Incorrect Answer
D Rs 97.8 lakh Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

Required total profit = (32 % of 3/5 of11% of 25 crore) + ( 20% of 3/5 of 15% of 25) = 52.8 lakh + 45 lakh = Rs 97.8 lakhs

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