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A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as follows
Sales
Furthermore, the profit % obtained by selling the items of a particular sector year on year is given as follows
Based on the above data, answer the following questions
Q. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?
- a)Decrease of 2.88%
- b)Increase of 7.67%
- c)Increase of 2.88%
- d)Decrease of 7.67%
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
A well known FMCG company mainly deals in manufacturing and selling it...
Let the sales of the company for the year 2019 be 100P and the sales of the company for the year 2020 be 100 Q.
The sales of the company's individual department can be written as follows:
Furthermore, we are given profit % for a department for a given year.
For a product sold at SP with a profit %p, the cost price = SP/(1+p%)
Thus for 2019, the cost to manufacture goods in Packaged foods will be = 20P/1.1
2019, the cost to manufacture goods in Garments will be = 25P/1.1 and so on
Thus the cost to manufacture good for all 4 departments for 2019 and 2020 can be tabulated as
Given that total cost of manufacturing was same for both the years,
% change in sales = 
% change in sales = 
% change in sales = 
% change in sales = (1.0288−1) × 100%
% change in sales = 2.88%
% change in sales = 2.88%
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A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer?
Question Description
A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct 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 A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct 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 A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer?.
A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct 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 A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct 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 A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer?.
Solutions for A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT.
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A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer?, a detailed solution for A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice A well known FMCG company mainly deals in manufacturing and selling its product in 4 different sectors which are namely, Packaged Foods, Electronics, Garments and Home Appliances. The percentage contribution to the sales they had to the year 2018, 2019 and 2020 are given as followsSalesFurthermore, the profit % obtained by selling the items of a particular sector year on year is given as followsBased on the above data, answer the following questionsQ. If it is known that the total cost incurred for producing Goods was the same for the year 2019 and 2020. Then what is the approximate percentage change in sales of the company from the year 2019 to 2020?a)Decrease of 2.88%b)Increase of 7.67%c)Increase of 2.88%d)Decrease of 7.67%Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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