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In a big corporate multinational firm, the employees volunteer to contribute a part of their salary for the prime minister's relief fund for flood victims. The executives each contribute Rs. 4,000 to the fund while the managers contribute twice as much. If the strength of the firm, comprising just of managers and executives, is 1000 and the net collection for the relief fund is Rs. 44,00,000; which of the following statements is true?
  • a)
    The contribution by managers is more than that by the executives by Rs. 28,00,000
  • b)
    The contribution by managers is more than that by the executives by Rs. 16,00,000
  • c)
     The contribution by managers is less than that by the executives by Rs. 28,00,000
  • d)
     The contribution by managers is less than that by the executives by Rs. 16,00,000
Correct answer is option 'C'. Can you explain this answer?
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In a big corporate multinational firm, the employees volunteer to cont...
Let us assume that the number of managers is m, that of executives is e, the contribution made by each manager is M, and that by each executive is E.
The contribution by managers is less than that by the executives by Rs. 28,00,000 The contribution by managers is less than that by the executives by Rs. 16,00,000
M = 8000, E = 4000
m + e = 1000 -----------------------(1)
mM + eE = 4400000
or, 8000/77 + 4000(1000 - m ) = 4400000 or, 4m + 4000 = 4400
or, m = 100
e = 900
net contribution by managers = 100 * 8000 = 8,00,000 And, net contribution by the executives = 900 x 4000 = 36,00,000 Difference in contribution = 28,00,000 Hence, option 3.
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In a big corporate multinational firm, the employees volunteer to cont...
X +y = 1000
4000x + 8000y = 44 lakh
solve the equation
x is 900 y is 100
contribution through x is 36 lakh
through Y js 8 lakh
x exceeds y by 28 lakh
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Community Answer
In a big corporate multinational firm, the employees volunteer to cont...
Let us assume that the number of managers is m, that of executives is e, the contribution made by each manager is M, and that by each executive is E.
The contribution by managers is less than that by the executives by Rs. 28,00,000 The contribution by managers is less than that by the executives by Rs. 16,00,000
M = 8000, E = 4000
m + e = 1000 -----------------------(1)
mM + eE = 4400000
or, 8000/77 + 4000(1000 - m ) = 4400000 or, 4m + 4000 = 4400
or, m = 100
e = 900
net contribution by managers = 100 * 8000 = 8,00,000 And, net contribution by the executives = 900 x 4000 = 36,00,000 Difference in contribution = 28,00,000 Hence, option 3.
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In a big corporate multinational firm, the employees volunteer to contribute a part of their salary for the prime ministers relief fund for flood victims. The executives each contribute Rs. 4,000 to the fund while the managers contribute twice as much. If the strength of the firm, comprising just of managers and executives, is 1000 and the net collection for the relief fund is Rs. 44,00,000; which of the following statements is true?a)The contribution by managers is more than that by the executives by Rs. 28,00,000b)The contribution by managers is more than that by the executives by Rs. 16,00,000c)The contribution by managers is less than that by the executives by Rs. 28,00,000d)The contribution by managers is less than that by the executives by Rs. 16,00,000Correct answer is option 'C'. Can you explain this answer?
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In a big corporate multinational firm, the employees volunteer to contribute a part of their salary for the prime ministers relief fund for flood victims. The executives each contribute Rs. 4,000 to the fund while the managers contribute twice as much. If the strength of the firm, comprising just of managers and executives, is 1000 and the net collection for the relief fund is Rs. 44,00,000; which of the following statements is true?a)The contribution by managers is more than that by the executives by Rs. 28,00,000b)The contribution by managers is more than that by the executives by Rs. 16,00,000c)The contribution by managers is less than that by the executives by Rs. 28,00,000d)The contribution by managers is less than that by the executives by Rs. 16,00,000Correct answer is option 'C'. 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 In a big corporate multinational firm, the employees volunteer to contribute a part of their salary for the prime ministers relief fund for flood victims. The executives each contribute Rs. 4,000 to the fund while the managers contribute twice as much. If the strength of the firm, comprising just of managers and executives, is 1000 and the net collection for the relief fund is Rs. 44,00,000; which of the following statements is true?a)The contribution by managers is more than that by the executives by Rs. 28,00,000b)The contribution by managers is more than that by the executives by Rs. 16,00,000c)The contribution by managers is less than that by the executives by Rs. 28,00,000d)The contribution by managers is less than that by the executives by Rs. 16,00,000Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In a big corporate multinational firm, the employees volunteer to contribute a part of their salary for the prime ministers relief fund for flood victims. The executives each contribute Rs. 4,000 to the fund while the managers contribute twice as much. If the strength of the firm, comprising just of managers and executives, is 1000 and the net collection for the relief fund is Rs. 44,00,000; which of the following statements is true?a)The contribution by managers is more than that by the executives by Rs. 28,00,000b)The contribution by managers is more than that by the executives by Rs. 16,00,000c)The contribution by managers is less than that by the executives by Rs. 28,00,000d)The contribution by managers is less than that by the executives by Rs. 16,00,000Correct answer is option 'C'. Can you explain this answer?.
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