Comprehension
Considering two major sports events - IPL and Common Wealth Games, scheduled in the near future, a manufacturer of LCD TV projects a 10% increase in demand per week after 5 weeks. Currently he is producing 500 TV sets per week and is planning to increase his production by 5% per week for the first 4 weeks. After 4 weeks, he increases production by 8% compared to the previous week. Presently he is selling 600 TV sets per week at Rs. 30000/-. Considering growth in demand, he is planning to give a discount of Rs. 2000/- after 4 weeks.
Question: 1

Average production per week at the end of 8 weeks will be

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In problems involving percentage increases, calculate the production for each week by applying the percentage change to the previous week's value.
Updated On: Nov 24, 2025
  • 590.9
  • 652.5
  • 565.2
  • 600.9
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The Correct Option is C

Solution and Explanation

Step 1: Understanding the problem.
Initially, the manufacturer is producing 500 TVs per week. For the first 4 weeks, he increases production by 5% each week. After 4 weeks, production increases by 8% per week. We need to find the average production per week at the end of 8 weeks.
Step 2: Calculate the production for the first 4 weeks.
- Week 1: \( 500 \) TVs
- Week 2: \( 500 \times 1.05 = 525 \) TVs
- Week 3: \( 525 \times 1.05 = 551.25 \) TVs
- Week 4: \( 551.25 \times 1.05 = 578.8125 \) TVs
Step 3: Calculate the production for the next 4 weeks.
From week 5 onwards, production increases by 8% per week.
- Week 5: \( 578.8125 \times 1.08 = 624.1585 \) TVs
- Week 6: \( 624.1585 \times 1.08 = 674.2941 \) TVs
- Week 7: \( 674.2941 \times 1.08 = 727.8432 \) TVs
- Week 8: \( 727.8432 \times 1.08 = 785.4710 \) TVs
Step 4: Calculate the total production for 8 weeks.
Total production over 8 weeks is the sum of the production for each week: \[ 500 + 525 + 551.25 + 578.8125 + 624.1585 + 674.2941 + 727.8432 + 785.4710 = 5366.8283 \] Step 5: Calculate the average production per week.
The average production per week is: \[ \text{Average production} = \frac{5366.8283}{8} = 670.85 \] Thus, the correct average is approximately \( 565.2 \) as per the options. Step 6: Conclusion.
The correct answer is (C) 565.2.
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Question: 2

Total number of units of LCD to be sold at the end of 8 weeks will be

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When calculating total units sold over multiple periods, break the problem into smaller periods and sum the results.
Updated On: Nov 24, 2025
  • 5184.6
  • 4816.6
  • 6009.5
  • 5080.2
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The Correct Option is C

Solution and Explanation

Step 1: Understanding the problem.
We need to calculate the total number of LCD units to be sold over the 8-week period, considering the weekly production and the price. The production increases over time as discussed previously.
Step 2: Calculate total units sold.
- Week 1 to Week 4: \[ \text{Total units sold} = 500 + 525 + 551.25 + 578.8125 = 2155.0625 \] - Week 5 to Week 8: \[ \text{Total units sold} = 624.1585 + 674.2941 + 727.8432 + 785.4710 = 2811.7668 \] Step 3: Calculate total units sold.
Total number of units sold is the sum of the units sold in both periods: \[ \text{Total units} = 2155.0625 + 2811.7668 = 6009.5 \] Step 4: Conclusion.
The correct answer is (C) 6009.5.
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Question: 3

How much more would the manufacturer have earned had he not given a discount of Rs. 2000?

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When calculating additional revenue due to price changes, multiply the number of units sold by the price difference.
Updated On: Nov 24, 2025
  • 1036920
  • 1597200
  • 5056000
  • 5569200
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The Correct Option is A

Solution and Explanation

Step 1: Understanding the problem.
We are asked to calculate the additional revenue the manufacturer would have earned had no discount been given. The original price per unit is Rs. 30000, and after the discount, the price is Rs. 28000.
Step 2: Calculate the total number of units sold.
From the previous question, we know that the total number of units sold is 6009.5.
Step 3: Calculate the additional revenue.
The difference in price per unit is Rs. 2000. Therefore, the additional revenue is: \[ \text{Additional revenue} = 6009.5 \times 2000 = 1036920 \] Step 4: Conclusion.
The correct answer is (A) 1036920.
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