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There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.
At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?
- a)187.50
- b)234.38
- c)292.96
- d)366.21
Correct answer is option 'D'. Can you explain this answer?
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Most Upvoted Answer
There are five levels {P, Q, R, S, T} in a linear supply chain before ...
Concept:
Price paid by customer at end = initial cost × (increased percentage)n
Where,
n = no. of levels
Calculation:
Given:
Cost of product at first level P = 120 Rupees.
Also,
It is increased by 25% in each level.
Hence,
Initial cost = 120 Rupees.,
Increased percentage = 25%,
n = 5
Now,
Price paid by customer at end = 120 × 1.255 Rupees
∴ Price paid by customer at end = 366.21 Rupees.
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There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer?
Question Description
There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer?.
There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?a)187.50b)234.38c)292.96d)366.21Correct answer is option 'D'. Can you explain this answer?.
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