Question
Download Solution PDFThe following table shows the number of different items in different shops and their respective selling prices per unit.
Shops |
Total No. of Items |
AC ∶ Cooler ∶ Fan |
Selling Price per unit |
||
Cooler |
AC |
Fan |
|||
A |
5000 |
4 ∶ 5 ∶ 1 |
8000 |
25000 |
8500 |
B |
1800 |
3 ∶ 2 ∶ 4 |
10000 |
20000 |
16000 |
C |
3400 |
6 ∶ 4 ∶ 7 |
6000 |
42000 |
15000 |
D |
3600 |
4 ∶ 2 ∶ 3 |
12000 |
32000 |
8000 |
E |
4000 |
5 ∶ 1 ∶ 4 |
8000 |
26500 |
12200 |
F |
1210 |
2 ∶ 4 ∶ 5 |
11000 |
28000 |
11100 |
Find the percentage of total revenue which comes from Cooler from shop E, considering all given items are being sold from shop E and from all the given shops only given three items are being sold. (Rounded off to three decimal places)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Total cooler sold by shop E = 4000 × (1/10)
⇒ 400
Selling price of 400 coolers = 400 × 8000
⇒ 3200000
Total ACs sold by shop E = 4000 × (5/10)
⇒ 2000
Selling price of 2000 ACs = 2000 × 26500
⇒ 53000000
Total Fans sold by shop E = 4000 × (4/10)
⇒ 1600
Selling price of 1600 Fans = 1600 × 12200
⇒ 19520000
Now,
Required % = [3200000/(3200000 + 53000000 + 19520000)] × 100
⇒ [3200000/(75720000)] × 100
⇒ 4.226 ≈ 4.23%
∴ The required answer is 4.23%.
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