Question

    Study the following charts carefully and answer the questions that follow: The total production cost of all Brands = Rs 4 crores.

    Find the total profit earned by selling Track suits by New Balance and Nike.

    A Rs 0.27 crores Correct Answer Incorrect Answer
    B Rs 0.33 crores Correct Answer Incorrect Answer
    C Rs 0.23 crores Correct Answer Incorrect Answer
    D Rs 0.15 crores Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Profit of New Balance by selling Track suits = 20% of 5/11 of 22% of 4 crores = 0.08crores Profit of Nike by selling Track suits = 25% of 3/5 of 25% of 4 crores = 0.15crores Therefore, total profit earned = 0.23crores

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