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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. The sale of home appliance remains constant for all the 3 years. If the ratio of profit earned by Home Appliances  in 2019 to profit of packaged foods in 2018 is m/n​ where "m" and "n" are co-prime numbers, then what is the value of n+m?
    Correct answer is '7'. Can you explain this answer?
    Verified Answer
    A well known FMCG company mainly deals in manufacturing and selling it...
    Let the sale for the year 2018, 2019 and 2020 be 100P, 100Q and 100R respectively.
    Hence the sale of the home appliance for these 3 years will be 20P = 15Q = 25R.
    If we assume P = 15k, then Q = 20k and R = 12k
    Thus the sale for the year 2018, 2019 and 2020 be 1500k, 2000k and 1200k respectively
    Sales for all the appliances for different years can  be written as follows
    Profit earned by Packaged food is 20% for 2018. Thus the cost price will be 225k​/1.2
    Similarly, we can calculate the cost price for all the departments for all the area as follows
    It can be simplified into decimal as follows
    Profit = Sale - Cost
    Profit earned by Home Appliances in 2019 = 300k-250k = 50k
    Profit of packaged foods in 2018 = 225k-187.5k = 37.5k
    Ratio = 50k/37.5k = 4/3
    m/n = 4/3
    m+n=4+3=7
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    Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.Sham receives a takeover offer from International Manufacturing(IM), a manufacturing conglomerate that wants to acquire his company and its assets. But the price they are offering is not competitive. What should be the immediate course of action for Sham?

    Directions: Read the passage and answer the questions independently of one another.Sham had moved to Chennai at the age of 22 in search of employment in the manufacturing sector. He had completed an industrial training course. Roto Manfacturing hired him after they noticed that he was sincere and that he worked hard. Within four years, he reached the position of a supervisor in the company and was leading a team of 25 workers. Sham’s uncle suggested to him that he start his own manufacturing firm as he had gained sufficient experience in the field. Sham was excited by the thought of running his own firm, and with some financial help from his uncle, he soon started his own manufacturing plant. He convinced a few trustworthy employees and colleagues from Roto Manufacturing to join him in this venture. The venture witnessed rapid growth and within two years, Sham began receiving orders from other countries as well. Sham began expanding the capacity of the unit and in three years’ time, the total number of employees working in his company had reached 600. Around the same time, Chennai was witnessing rapid development in the services industry. Because of this development, labourers were gradually shifting their jobs from the manufacturing sector to the more lucrative services sector as they received better salaries with relatively lower physical workloads. Gradually many of Sham’s employees began to leave the company resulting in a shortage of manpower at the plant. This in turn resulted in Sham not being able to meet the timelines on his projects causing increased customer dissatisfaction.Exisitng employees demanded higher wages to continue in the company. If Sham increases the wages, then his company would find it difficult to remain profitable. He is not able to recruit young people as they did not like the jobs in the manufacturing sector as the sector demanded more physical work.If you were Sham, what in your opinion would be the most appropriate action to get the company back on track?

    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.The sale of home appliance remains constant for all the 3 years. If the ratio of profit earned by Home Appliances in 2019 to profit of packaged foods in 2018 is m/nwhere "m" and"n" are co-prime numbers, then what is the value of n+m?Correct answer is '7'. Can you explain this answer?
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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.The sale of home appliance remains constant for all the 3 years. If the ratio of profit earned by Home Appliances in 2019 to profit of packaged foods in 2018 is m/nwhere "m" and"n" are co-prime numbers, then what is the value of n+m?Correct answer is '7'. 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.The sale of home appliance remains constant for all the 3 years. If the ratio of profit earned by Home Appliances in 2019 to profit of packaged foods in 2018 is m/nwhere "m" and"n" are co-prime numbers, then what is the value of n+m?Correct answer is '7'. 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.The sale of home appliance remains constant for all the 3 years. If the ratio of profit earned by Home Appliances in 2019 to profit of packaged foods in 2018 is m/nwhere "m" and"n" are co-prime numbers, then what is the value of n+m?Correct answer is '7'. Can you explain this answer?.
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