Paper 1 · Data Interpretation
UGC NET December 2021 June 2022 (09.07.2022) Shift-II
Passage
The table gives details of seven companies (A-G): the percentage cost distribution of production of two items I and II, the ratio of production cost between items I and II, and the percentage profit earned on items I and II. Total production cost of all seven companies is Rs. 50 crores. Company, percent of total cost, I:II ratio, profit% on I, profit% on II: A, 15, 2:3, 25, 20; B, 11, 3:2, 32, 35; C, 22, 4:1, 20, 22; D, 8, 3:5, 15, 25; E, 27, 5:3, 28, 30; F, 5, 1:4, 35, 25; G, 12, 1:2, 30, 24. Answer questions 1-5 based on the data.
What is the sum total of the profit earned by Company B on the production of item I and the profit earned by Company A on the production of item II?
ARs. 97.8 lakhs
BRs. 1.956 crores ✓ Correct
CRs. 5.28 crores
DRs. 52.8 lakhs
Correct answer: (B) Rs. 1.956 crores — The combined profit is Rs. 1.956 crores.
Explanation
★The combined profit is Rs. 1.956 crores.
★Company B holds 11 percent of 50 crores, split 3 by 5 for item I, giving 3.3 crores.
★Its item I profit at 32 percent is 3.3 crores times 0.32, which is about 1.056 crores.
★Company A holds 15 percent, split 3 by 5 for item II, giving 4.5 crores.
★Its item II profit at 20 percent is 4.5 crores times 0.20, which is 0.9 crores.
★Adding 1.056 crores and 0.9 crores gives 1.956 crores.
★Each profit is the item cost multiplied by its own profit percentage.
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