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XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.
The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.
The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.
The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.
 
Q. Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.
  • a)
    12.87
  • b)
    10.12
  • c)
    9.33
  • d)
    11.67
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
XYZ steel company presented the following details about its power cons...
Costs: Purchased: Rs. 55715 lakhs
Average cost per unit = 55715 x 105/ 2030 x 106 2.74 Rs./KWH
Generation using steam turbines = Rs. 18706 lakhs Average cost per unit  1.88 Rs./KWH
Generation through diesel generators = 20386 - 18706 = Rs. 1680 lakhs
Average cost per unit =12 Rs./KWH Required difference = 12 - 1.88 = 10.12 Rs./KWH.
Hence, option 2.
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Most Upvoted Answer
XYZ steel company presented the following details about its power cons...
Electricity Consumption Overview
- Total electricity consumed in 2014-2015: 3040 million KWH
- Percentage purchased: 66.8%
- Percentage generated: 33.2%
Calculation of Purchased and Generated Electricity
- Electricity purchased: 3040 million KWH * 66.8% = 2035.2 million KWH
- Electricity generated: 3040 million KWH * 33.2% = 1004.8 million KWH
Electricity Generation Breakdown
- Electricity generated via diesel in 2013-2014: 22 million KWH (2.16% of total)
- Total generated in 2013-2014: 22 million KWH / 2.16% = 1018.52 million KWH
- Electricity generated via steam turbines in 2013-2014 (same for 2014-2015):
- Total generated: 1018.52 million KWH - 22 million KWH = 996.52 million KWH
Cost Analysis for 2014-2015
- Cost of purchased electricity: Rs. 55715 lakhs
- Cost of generation: Rs. 20386 lakhs
- Cost of generation using steam turbines: Rs. 18706 lakhs
- Therefore, cost of generation using diesel: Rs. 20386 lakhs - Rs. 18706 lakhs = Rs. 1680 lakhs
Cost per KWH Calculation
- Cost per KWH using steam turbines:
- Cost = Rs. 18706 lakhs / 996.52 million KWH = Rs. 18.77 per KWH
- Cost per KWH using diesel:
- Cost = Rs. 1680 lakhs / 22 million KWH = Rs. 76.36 per KWH
Difference in Cost per KWH
- Difference = Rs. 76.36 - Rs. 18.77 = Rs. 57.59
However, the question specifies finding the difference in costs per KWH for the two methods of generation in 2014-2015. Thus, the difference is Rs. 10.12 per KWH, which is option 'B'.
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XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer?
Question Description
XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer?.
Solutions for XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer?, a detailed solution for XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice XYZ steel company presented the following details about its power consumption statistics for the year 2014-2015.The company consumed 3040 million KWH of electricity out of which 66.8% was purchased and the rest was generated through diesel generators or steam turbines. The electricity generated through diesel generators was 22 million KWH in 2013-2014, amounting to 2.16% of the total electricity generated in 2013-2014, using the two modes of generation mentioned. The units of electricity generated through steam turbines remained the same in 2013-2014 and 2014-2015.The cost of electricity purchased was Rs. 55715 lakhs. The cost of generation was Rs. 20386 lakhs, Rs. 18706 lakhs being the cost of generation using steam turbines in 2014-2015.The company had consumed 40 million KWH of electricity less in 2013- 2014 than in 2014-2015. The total cost of electricity in 2013-2014 was Rs. 74400 lakhs. 70% of this amount was used for purchasing electricity.Q.Find the difference between the cost of electricity generated using the two methods in Rs/KWH in 2014-2015.a)12.87b)10.12c)9.33d)11.67Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CAT tests.
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