NEET Exam  >  NEET Questions  >   Read the following Caselets and choose the ... Start Learning for Free
Read the following Caselets and choose the best alternative.
The BIG and Colourful Company
You are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:
a. You can buy books from bookstores,
b. You can buy books from supermarket,
c. You can order books over the Internet (Online)
Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:
Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:
Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:
What is the profit/loss from “online” sales?
  • a)
    0
  • b)
    -310
  • c)
    +20
  • d)
    +450
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Read the following Caselets and choose the best alternative.The BIG ...
Total cost for online store = OnlineRed + OnlineYellow + OnlineGreen + OnlineViolet.
Similarly, the cost for the book store and cost for the super market can be broken up into four parts each.
Total Red Cost = 5500.
online Red = (200/275) X 5500 = 4000
Similarly, the colour-wise cost for each kind of store can be found as shown below:
Since the online store contributes 200 out of 275 costs in the red cost
Now, sales of online store = 50% of 60000 = 30000
Super market sales : book store sales = 1 : 2
∴ Super market sales = 1/3rd of 30000 = 10000 and book store sales = 20000
The total initial cost of 39000 needs to be split up in this ratio.
So, the profit for each format can be calculated as shown below:
Thus, the profit from “online” sales is 450.
Hence, the correct answer is option 4.
Attention NEET Students!
To make sure you are not studying endlessly, EduRev has designed NEET study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in NEET.
Explore Courses for NEET exam

Top Courses for NEET

Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer?
Question Description
Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? for NEET 2024 is part of NEET preparation. The Question and answers have been prepared according to the NEET exam syllabus. Information about Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for NEET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer?.
Solutions for Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for NEET. Download more important topics, notes, lectures and mock test series for NEET Exam by signing up for free.
Here you can find the meaning of Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Read the following Caselets and choose the best alternative.The BIG and Colourful CompanyYou are running “BIG and Colourful (BnC)” company that sells book to customers through three retail formats:a. You can buy books from bookstores,b. You can buy books from supermarket,c. You can order books over the Internet (Online)Your manager has an interesting way of classifying expenses: some of the expenses are classified in terms of size: Big, Small and Medium; and others are classified in terms of the colors, Red, Yellow, Green and Violet. The company has a history of categorizing overall costs into initial costs and additional costs. Additional costs are equal to the sum of Big, Small and Medium expenses There are two types of margin, contribution(sales minis initial costs) and profit (contribution minus additional costs). Given below is the data about sales and costs of BnC:Each of the Big, Small and Medium cost is categorized by the manager into Red, Yellow, Green and Violet costs. Breakdown of the additional costs under these headings is shown in the table below:Red, Yellow, Green and Violet costs are allocated to different retail formats. These costs are apportioned in the ratio of number of units consumed by each retail format. The number of units consumed by each retail format is given in the table below:What is the profit/loss from “online” sales?a)0b)-310c)+20d)+450Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice NEET tests.
Explore Courses for NEET exam

Top Courses for NEET

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev