CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Tags:

Articles

Discussions
Submit Discussion
Saurabh

· started a discussion

· 1 Months ago

Caselet DI (Question:182482.0)

Kindly explain this Paragraph based DI in detail like in table form

Question:
DIRECTIONS: Refer to the following information to answer the questions that follow.


ABC Ltd. is operating in 4 businesses viz, beverages, automobiles, refrigeration and electronics. The net capital allotted for these in each year is in proportion to the profit they generated in the previous year.Furthermore, the capital allotted to them in the previous year was Rs. 32 crores, Rs. 38 crores, Rs. 41 crores and Rs. 45 crores respectively for beverages, automobiles, refrigeration and electronics. The share in net profit generated  previous year was in the ratio as follows 20%, 30%, 15% and 35%, in the same order. The profit this year have increased by 3%, 2%, 6% and 7% in the same order. Furthermore, the company is planning to get out of the refrigeration business and divide its capital equally among the remaining three. The total capital to be allotted this year is Rs. 40 crores.The net profit last year was Rs. 10 crores.

The profit (in Rs. crores) for beverages this year is:
Options:
A) 4.3 
B) 2.06
C) 1
D) 6.01
E) None of these
Solution:
Ans: (b) Net profit last year = 10 crores. Profits last year for beverages = 20% of 10 crores = Rs. 2 crores.

 Profit Increase = 3% ⟹ Profits this year for beverages

 = 3% of 2 crores + 2 crores = Rs. 2.06 crores.

-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions