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BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.
Revenus = number of items sold x price
Profits = Revenue - Total costs
Q. What is BILT’s revenue in the first year?
  • a)
    1000
  • b)
    5000
  • c)
    Zero
  • d)
    10000
Correct answer is option 'D'. Can you explain this answer?
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BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer?
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BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer?.
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Here you can find the meaning of BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer?, a detailed solution for BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice BILT has 10% market share in paper and sells 1000 pieces for Rs. 10 each. It launches a new product to captivate the customer. The overall market grows by 20% each year for the next 2 years and BILT is able to increase its market by gaining 20% market share every year for the next 2 years. It raises prices by Rs. 5 every year. The cost structure has a fixed and variable component. Its fixed costs are Rs. 5,000 every year. Variable costs are Rs. 5 in the first year and this increase by Rs. 3 every year. The market share here refers to share by volume i.e. number of items sold.Revenus = number of items sold x priceProfits = Revenue - Total costsQ.What is BILT’s revenue in the first year?a)1000b)5000c)Zerod)10000Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CLAT tests.
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