New 55% Off on All Courses - Enroll Now! Click Here

    Question

    A company manufactures five different products – A, B, C, D, and E. The following table shows the number of units produced (in thousands) and the cost per unit (in rupees) for each product over two consecutive months, January and February.

    What is the total revenue generated from all products in

    January?
    A 12,000,000 Correct Answer Incorrect Answer
    B 11,500,000 Correct Answer Incorrect Answer
    C 13,000,000 Correct Answer Incorrect Answer
    D 12,490,000 Correct Answer Incorrect Answer

    Solution

    Revenue from each product in January = Units Produced in Jan * Cost per Unit in Jan. Product A: 15,000 * 120 = 1,800,000 Product B: 25,000 * 150 = 3,750,000 Product C: 10,000 * 200 = 2,000,000 Product D: 22,000 * 110 = 2,420,000 Product E: 28,000 * 90 = 2,520,000 Total revenue in January = 1,800,000 + 3,750,000 + 2,000,000 + 2,420,000 + 2,520,000 = 12,490,000. Answer: d) 12,490,000

    Practice Next