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 |
What is the difference, in rupees crore, between the profit earned by company C on model L and the profit earned by company E on model M?
A0.7296
B7.296
C0.03648
D0.07296 ✓ Correct
Correct answer: (D) 0.07296
Explanation
The answer is 0.07296 crore.
Company C's model L cost is 6 by 11 of 22 percent of 6.4 crore, and its profit is 20 percent of that.
This gives a profit factor of 20 times 22 times 6 by 11.
Company E's model M cost is 3 by 5 of 10 percent of 6.4 crore, and its profit is 21 percent of that.
This gives a profit factor of 21 times 10 times 3 by 5.
The difference of the two profits works out to 0.07296 crore.
So the answer is 0.07296 crore.
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