Question
A company produces two types of products, A and B. The
production cost per unit for product A is ₹600 and for product B is ₹800. The company produced 3,000 units of A and 2,000 units of B. It sells 80% of the total production at a profit of 25% and the remaining at a loss of 10%. What is the overall profit or loss percentage?Solution
Total cost for A = ₹600 × 3,000 = ₹18,00,000. Total cost for B = ₹800 × 2,000 = ₹16,00,000. Total cost = ₹18,00,000 + ₹16,00,000 = ₹34,00,000. Selling price of 80% at 25% profit: 80% of production = (80/100) × 5,000 = 4,000 units. Cost of 4,000 units = ₹34,00,000 × (4,000 / 5,000) = ₹27,20,000. Selling price = ₹27,20,000 × 1.25 = ₹34,00,000. Selling price of 20% at 10% loss: 20% of production = 1,000 units. Cost of 1,000 units = ₹34,00,000 × (1,000 / 5,000) = ₹6,80,000. Selling price = ₹6,80,000 × 0.90 = ₹6,12,000. Total selling price = ₹34,00,000 + ₹6,12,000 = ₹40,12,000. Profit = ₹40,12,000 - ₹34,00,000 = ₹6,12,000. Profit percentage = (₹6,12,000 / ₹34,00,000) × 100 = 18%. Correct option: b
In which language was ‘Hind Swaraj’ written by Mahatma Gandhi?
Identify the correct statement.
Of which of the following organisations is India NOT a member?
Lata Mangeshkar was awarded by the India's highest civilian honour 'Bharat Ratna' in the year _____________.
Select the option that is related to the fifth term in the same way as the second term is related to the first term and fourth term is related to the th...
Anorexia nervosa is an eating disorder in teenagers. Here body weight:
The Reserve Bank of India had constituted a Task Force on Development of Secondary Market for Corporate Loans under the Chairmanship of __________.
India is considered to be which of the following types of economy?
Which of the following Khayal artists is the founding father of Lalit Kala Kendra of the University of Pune?
Which of the following languages had a negative decadal (2001-11) growth rate (its speakers) according to Census of India, 2011?
Relevant for Exams:
