CAT Exam > CAT Questions > DIRECTIONS for questions: Answer the questio...
Start Learning for Free
DIRECTIONS for questions: Answer the questions on the basis of the information given below.
A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.
Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?
- a)Rs.73600
- b)Rs.75600
- c)Rs.77600
- d)Rs.79600
Correct answer is option 'C'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Verified Answer
DIRECTIONS for questions: Answer the questions on the basis of the in...
The table below gives the cost price, selling price, profit and profit percentage of each of the six products.
View all questions of this test
The profit on selling 200 units of each product
= 200(184 - 120 + 460 - 400 + 256- 160 + 352 - 320 + 720 -640 + 196- 140)
= 200(64 + 60 + 96 + 32 + 80 + 56) = 77600.
Most Upvoted Answer
DIRECTIONS for questions: Answer the questions on the basis of the in...
Calculation of Cost Price and Selling Price:
- Product A: Cost Price = Rs.120 per unit, Selling Price = Rs.184 per unit
- Product B: Cost Price = Rs.400 per unit, Selling Price = Rs.460 per unit
- Product C: Cost Price = Rs.160 per unit, Selling Price = Rs.256 per unit
- Product D: Cost Price = Rs.320 per unit, Selling Price = Rs.352 per unit
- Product E: Cost Price = Rs.640 per unit, Selling Price = Rs.720 per unit
- Product F: Cost Price = Rs.140 per unit, Selling Price = Rs.196 per unit
Number of Units Sold:
- 200 units of each product were sold.
Calculation of Profit:
To calculate the profit, we need to find the difference between the selling price and the cost price of each product, and then multiply it by the number of units sold.
- Profit from Product A = (Selling Price - Cost Price) * Number of Units Sold
= (184 - 120) * 200
= 64 * 200
= Rs. 12800
- Profit from Product B = (Selling Price - Cost Price) * Number of Units Sold
= (460 - 400) * 200
= 60 * 200
= Rs. 12000
- Profit from Product C = (Selling Price - Cost Price) * Number of Units Sold
= (256 - 160) * 200
= 96 * 200
= Rs. 19200
- Profit from Product D = (Selling Price - Cost Price) * Number of Units Sold
= (352 - 320) * 200
= 32 * 200
= Rs. 6400
- Profit from Product E = (Selling Price - Cost Price) * Number of Units Sold
= (720 - 640) * 200
= 80 * 200
= Rs. 16000
- Profit from Product F = (Selling Price - Cost Price) * Number of Units Sold
= (196 - 140) * 200
= 56 * 200
= Rs. 11200
Total Profit:
To find the total profit, we need to sum up the profits from all the products.
Total Profit = Profit from Product A + Profit from Product B + Profit from Product C + Profit from Product D + Profit from Product E + Profit from Product F
= Rs. 12800 + Rs. 12000 + Rs. 19200 + Rs. 6400 + Rs. 16000 + Rs. 11200
= Rs. 75600
Therefore, the total profit made by Chinta Singh on the day when he sold 200 units of each product was Rs. 75600 (option b).
- Product A: Cost Price = Rs.120 per unit, Selling Price = Rs.184 per unit
- Product B: Cost Price = Rs.400 per unit, Selling Price = Rs.460 per unit
- Product C: Cost Price = Rs.160 per unit, Selling Price = Rs.256 per unit
- Product D: Cost Price = Rs.320 per unit, Selling Price = Rs.352 per unit
- Product E: Cost Price = Rs.640 per unit, Selling Price = Rs.720 per unit
- Product F: Cost Price = Rs.140 per unit, Selling Price = Rs.196 per unit
Number of Units Sold:
- 200 units of each product were sold.
Calculation of Profit:
To calculate the profit, we need to find the difference between the selling price and the cost price of each product, and then multiply it by the number of units sold.
- Profit from Product A = (Selling Price - Cost Price) * Number of Units Sold
= (184 - 120) * 200
= 64 * 200
= Rs. 12800
- Profit from Product B = (Selling Price - Cost Price) * Number of Units Sold
= (460 - 400) * 200
= 60 * 200
= Rs. 12000
- Profit from Product C = (Selling Price - Cost Price) * Number of Units Sold
= (256 - 160) * 200
= 96 * 200
= Rs. 19200
- Profit from Product D = (Selling Price - Cost Price) * Number of Units Sold
= (352 - 320) * 200
= 32 * 200
= Rs. 6400
- Profit from Product E = (Selling Price - Cost Price) * Number of Units Sold
= (720 - 640) * 200
= 80 * 200
= Rs. 16000
- Profit from Product F = (Selling Price - Cost Price) * Number of Units Sold
= (196 - 140) * 200
= 56 * 200
= Rs. 11200
Total Profit:
To find the total profit, we need to sum up the profits from all the products.
Total Profit = Profit from Product A + Profit from Product B + Profit from Product C + Profit from Product D + Profit from Product E + Profit from Product F
= Rs. 12800 + Rs. 12000 + Rs. 19200 + Rs. 6400 + Rs. 16000 + Rs. 11200
= Rs. 75600
Therefore, the total profit made by Chinta Singh on the day when he sold 200 units of each product was Rs. 75600 (option b).
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
|
Explore Courses for CAT exam
|
|
Similar CAT Doubts
Top Courses for CATView all
DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer?
Question Description
DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct 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 DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct 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 DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer?.
DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct 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 DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct 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 DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer?.
Solutions for DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. 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 DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer?, a detailed solution for DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice DIRECTIONS for questions: Answer the questions on the basis of the information given below. A wholesaler dealer, Chinta Singh, deals with only six products - A, B, C, D, E and F. He purchases the products from the company at Rs.120, Rs.400, Rs.160, Rs.320, Rs.640 and Rs.140 per unit respectively and sells them to retail shopkeepers at Rs.184, Rs.460, Rs.256, Rs.352, Rs.720 and Rs.196 per unit respectively. He sells each product only in packs of 100 units.Q. On a day on which he sold all the six products, selling 200 units of each product, what was his total profit?a)Rs.73600b)Rs.75600c)Rs.77600d)Rs.79600Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
|
|
Explore Courses for CAT exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup