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The car industry in india is divided in to two typs of cars - small size and mediuam size cars. Total car sales in 2009-10 were 224250 and small size car sales comprised 80% of the total car sales. all car manufactured in a year are sold in the same year leading to zero inventory carrying costs. Tata manufactured only mediuam size cars. Among the medium size cars, I-10 is manufactured by Hyundai only. Hyundai manufactured no other medium size car
Q. If the growth rate of the medium size car market in 2009-10 is estimated to be 40% over previous year, find the number of Ritz cars (medium size only) sold in the year 2008-09.
  • a)
    3900
  • b)
    3800
  • c)
    3850
  • d)
    3844
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The car industry in india is divided in to two typs of cars - small si...
Total medium size cars in 2009-10 = 0.2 x 224, 250. Number of size Ritz  cars sold in 2008 = 
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The car industry in india is divided in to two typs of cars - small size and mediuam size cars. Total car sales in 2009-10 were 224250 and small size car sales comprised 80% of the total car sales. all car manufactured in a year are sold in the same year leading to zero inventory carrying costs. Tata manufactured only mediuam size cars. Among the medium size cars, I-10 is manufactured by Hyundai only. Hyundai manufactured no other medium size carQ.If the growth rate of the medium size car market in 2009-10 is estimated to be 40% over previous year, find the number of Ritz cars (medium size only) sold in the year 2008-09.a)3900b)3800c)3850d)3844Correct answer is option 'D'. Can you explain this answer?
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The car industry in india is divided in to two typs of cars - small size and mediuam size cars. Total car sales in 2009-10 were 224250 and small size car sales comprised 80% of the total car sales. all car manufactured in a year are sold in the same year leading to zero inventory carrying costs. Tata manufactured only mediuam size cars. Among the medium size cars, I-10 is manufactured by Hyundai only. Hyundai manufactured no other medium size carQ.If the growth rate of the medium size car market in 2009-10 is estimated to be 40% over previous year, find the number of Ritz cars (medium size only) sold in the year 2008-09.a)3900b)3800c)3850d)3844Correct answer is option 'D'. Can you explain this answer? for CAT 2025 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The car industry in india is divided in to two typs of cars - small size and mediuam size cars. Total car sales in 2009-10 were 224250 and small size car sales comprised 80% of the total car sales. all car manufactured in a year are sold in the same year leading to zero inventory carrying costs. Tata manufactured only mediuam size cars. Among the medium size cars, I-10 is manufactured by Hyundai only. Hyundai manufactured no other medium size carQ.If the growth rate of the medium size car market in 2009-10 is estimated to be 40% over previous year, find the number of Ritz cars (medium size only) sold in the year 2008-09.a)3900b)3800c)3850d)3844Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The car industry in india is divided in to two typs of cars - small size and mediuam size cars. Total car sales in 2009-10 were 224250 and small size car sales comprised 80% of the total car sales. all car manufactured in a year are sold in the same year leading to zero inventory carrying costs. Tata manufactured only mediuam size cars. Among the medium size cars, I-10 is manufactured by Hyundai only. Hyundai manufactured no other medium size carQ.If the growth rate of the medium size car market in 2009-10 is estimated to be 40% over previous year, find the number of Ritz cars (medium size only) sold in the year 2008-09.a)3900b)3800c)3850d)3844Correct answer is option 'D'. Can you explain this answer?.
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