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raveena yadav

· started a discussion

· 1 Months ago

How total profit calculate

Question:
DIRECTIONS: Study the following information carefully and answer the given questions.


There are six companies, namely A, B, C, D, E and F, which produce two models (M1 and M2) of an item. The given pie-chart shows the percentage distribution of total production by the given six companies and the table shows the ratio of production of M1 to that of M2 and the percentage of profit earned on these items.



(Total production cost of the six companies is 3.2 crore)


What is the total profit earned by Company A on model M1 (in crore)?
Options:
A) 0.124
B) 0.112
C) 0.104
D) 0.140
Solution:
AM1

=0.104 crore

Knowledge Expert

· commented

· 1 Months ago

Dear student

We have calculated Company A's production
percentage- 20% ,M1 ratio ie. 13/20 and 25%
earned profit on total production cost 3.2 crore.


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