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    Question

    What is the difference between the profits earned by New

    Balance, Adidas by selling Shoes?
    A Rs 0.06crores Correct Answer Incorrect Answer
    B Rs 0.12crores Correct Answer Incorrect Answer
    C Rs 0.05crores Correct Answer Incorrect Answer
    D Rs 0.12crores Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit earned by New Balance by selling Shoes = 30% of 6/11 of 22% of 4crores = 0.144crores Profit earned by Adidas by selling Shoes = 15% of 7/10 of 20% of 4crores = 0.084 crores Therefore, Required difference =Rs (0.144 – 0.084) = 0.06 crores

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