Direction: The given table shows the shirts produced in 4 years by a company. Read the given table carefully and answer the given questions. Table: Year | No. of Shirts produced (in lakh) | % of shir…

Question

Direction: The given table shows the shirts produced in 4 years by a company. Read the given table carefully and answer the given questions. Table: Year | No. of Shirts produced (in lakh) | % of shirts failed the quality test — 2014: 3.2, 2.5%; 2015: 4.0, 2.25%; 2016: 2.8, 1.25%; 2017: 3.6, 1.25%. Note: Shirts which failed the quality test were not sold. In 2014, all shirts which passed the quality test were sold at an average price of Rs. 500 per shirt. What was the revenue of that year? (in crore)

PYQPulse · Accepted Answer

15.6

PYQPulse · Answer

Explanation: Shirts produced in year 2014 = 3.2 Lakh. Percent of shirts passed the quality test = 100 – 2.5 = 97.5%. Average price per quality test passed shirt = Rs. 500. ∴ Revenue = 3.2 × 97.5/100 × 500 = Rs. 15.6 crore.

Answer: B. 15.6

Explanation