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Directions: Read the following passage and answer the question.
An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely 'P', 'Q', 'R', 'S' and 'T'. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.
Q. How much loss is incurred to company, if the expenditure on production of 'T' was Rs. 20,000 per tonne?
  • a)
    5 million
  • b)
    10 million
  • c)
    4 million
  • d)
    7 million
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Directions: Read the following passage and answer the question.An Indi...
Total production of the company for the financial year 2021-22 = 3,000 tonnes
Turnover of the company = Rs. 50 million
Production of product P = 21% of 3,000 tonnes = 630 tonnes
Turnover attributable to product P = 18% of Rs. 50 million = Rs. 9 million
Production of product Q = 16% of 13,000 tonnes = 480 tonnes
Turnover attributable to product Q = 17% of Rs. 50 million = Rs. 8.5 million
Production of product R = 18% of 3,000 tonnes = 540 tonnes
Turnover attributable to product R = 20% of Rs. 50 million = Rs. 10 million
Production of product S = 20% of 3,000 tonnes = 600 tonnes
Turnover attributable to product S = 25% of Rs. 50 million = Rs. 12.5 million
Production of product T = 25% of 3,000 tonnes = 750 tonnes
Turnover attributable to product T = 20% of Rs. 50 million = Rs. 10 million

Total expenditure on production o product T at the rate of Rs. 20,000 per tonne = 750 × 20,000 = Rs. 1,50,00,000
Turnover attributable to product T = Rs. 1,00,00,000
Loss = Rs. 1,50,00,000 - Rs. 1,00,00,000 = 50,00,000 = Rs. 5 million
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Directions: Read the following passage and answer the question.An Indi...

Calculation of Loss Incurred by the Company:

Given Information:
- Total production for the financial year 2021-22: 3,000 tonnes
- Turnover of the company: Rs. 50 million
- Production and revenue distribution for each product

Calculation:
1. Calculate the production and turnover for Product T:
- Production of T: 25% of 3,000 tonnes = 750 tonnes
- Turnover from T: 20% of Rs. 50 million = Rs. 10 million

2. Calculate the total expenditure on production of T:
- Expenditure per tonne: Rs. 20,000
- Total expenditure on 750 tonnes: Rs. 20,000 * 750 = Rs. 15 million

3. Calculate the loss incurred by the company on Product T:
- Loss = Total expenditure - Turnover from T
- Loss = Rs. 15 million - Rs. 10 million
- Loss = Rs. 5 million

Therefore, the company incurs a loss of Rs. 5 million if the expenditure on the production of Product T was Rs. 20,000 per tonne.
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Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer?
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Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? for CLAT 2024 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
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An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Read the following passage and answer the question.An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely P, Q, R, S and T. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is Rs. 50 million. An analysis of the production and net revenue generation shows that production of product P is 21% of the total production and 18% of the turnover is attributable to product P; production of Q is 16% of the total production and 17% of the turnover is attributable to Q; R accounts for 18% of the total production and 20% of the turnover; S accounts for 20% of the total production and 25% of the turnover, and T accounts for 25% of total production and 20% of turnover.Q. How much loss is incurred to company, if the expenditure on production of T was Rs. 20,000 per tonne?a)5 millionb)10 millionc)4 milliond)7 millionCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CLAT tests.
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