For six companies A–F: bicycle production (%), L:M ratio, and profit % on models L and M. Total production cost = Rs 6.4 crore.
| Company | Production (%) | L:M | Profit L (%) | Profit M (%) |
|---|---|---|---|---|
| A | 20 | 13:7 | 25 | 32 |
| B | 14 | 9:5 | 28 | 30 |
| C | 22 | 6:5 | 20 | 24 |
| D | 13 | 6:7 | 35 | 25 |
| E | 10 | 2:3 | 24 | 21 |
| F | 21 | 11:10 | 30 | 20 |
The profit earned by company A on model L, in rupees crore, is
A0.244
B0.224
C0.208 ✓ Correct
D0.248
Correct answer: (C) 0.208
Explanation
The answer is 0.208 crore.
Company A's total is 20 percent of 6.4 crore.
Its model L share is 13 by 20 of that amount.
The profit on model L is 25 percent of this model L cost.
Working this out gives 25 percent of 13 by 20 of 20 percent of 6.4 crore.
That equals 0.208 crore.
So the answer is 0.208 crore.
Want more like this? Create a free account to practise a full test, track your progress, and get spaced-repetition review.
Practise on Mcqkart →🎓 Book an expert →