Comprehension
The following table refers to hotel construction projects. The cost of the project increased at the rate of 10\(\%\) per annum; if completed beyond 1997.
| Hotels in Mumbai | ||||
| Project | No. of Rooms | Estimated Cost (Rs.in Crores) | Year of Completion | Company |
| Windsor Manor | 600 | 275 | 1999 | IHCL |
| Leela Hotels | 310 | 235 | 1999 | Leela Hotels |
| Mumbai Heights | 250 | 250 | 1998 | Bombay Hotels |
| Royal Holidays | 536 | 225 | 1998 | Lokhandwala Group |
| Majestic Holidays | 500 | 250 | 1999 | Raheja Group |
| Supreme Hotels | 300 | 300 | 1999 | ITC |
| Hyatt Regency | 500 | 250 | 2000 | Asian Hotels |
Question: 1
What is the approximate cost incurred (in Rs. crore) for projects completed by 2000?
What is the approximate cost incurred (in Rs. crore) for projects completed by 2000?
Updated On: Jan 30, 2025
- Rs 1785 crore
- Rs 2140 crore
- Rs 2320 crore
- None of these
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
The cost for year 1998:
Total value = 250 + 225 = 475
approx. value = 1.1 × 475 = 522.5
The cost for year 1999:
Total value = 275+235+250+300 = 1060
approx. value = 1.1 × 1.1 × 1060 = 1282.6
The cost for year 2000:
Total value = 250
Required value = 1.1 × 1.1 × 1.1× 250 = 332.75 (As 10\(\%\) cost was increased in 1997, 1998 and 1999 year)
Total required value = 2137.85
The correct option is (B)
Was this answer helpful?
0
0
Question: 2
Which of the following has the maximum number of rooms per crore of rupees?
Which of the following has the maximum number of rooms per crore of rupees?
Updated On: Jan 30, 2025
- IHCL
- Raheja Group
- Lokhandwala Group
- ITC
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
formula for maximum number of rooms per crore = \(\frac{No.\ of\ rooms}{Estimated\ cost}\)
IHCL = 600/275 = 2.18
Raheja Group = 500/250 = 2
Lokhandwala Group = 536/225 = 2.38
ITC = 300/300 = 1
So, The maximum number of rooms per crore is Lokhandwala Group
The correct option is (C)
IHCL = 600/275 = 2.18
Raheja Group = 500/250 = 2
Lokhandwala Group = 536/225 = 2.38
ITC = 300/300 = 1
So, The maximum number of rooms per crore is Lokhandwala Group
The correct option is (C)
Was this answer helpful?
0
0
Question: 3
What is the cost incurred (in Rs. crore) for projects completed in 1998?
What is the cost incurred (in Rs. crore) for projects completed in 1998?
Updated On: Jan 30, 2025
- Rs 475 crore
- Rs 500 crore
- Rs 522.5 crore
- Rs 502.5 crore
Hide Solution
Verified By Collegedunia
The Correct Option is C
Solution and Explanation
Cost Incurred for project in the year 1998:
Total value = Bombay hotels + Lokhandwala group (all these projects were completed in 1998)
Total value = = 250 + 225 = 475
value = 1.1 × 475 [as the cost was increase of 10\(\%\) in year 1997]
value = 522.5
The correct option is (C)
Was this answer helpful?
0
0
Question: 4
What is the cost incurred (in Rs. crore) for projects completed in 1999?
What is the cost incurred (in Rs. crore) for projects completed in 1999?
Updated On: Jan 30, 2025
- Rs 1282.6 crore
- Rs 1270.0 crore
- Rs 1805.1 crore
- Rs 1535.0 crore
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Cost Incurred for project in the year 1999:
Total value = IHCL + Leela hotel + Raheja + ITC (all these projects were completed in 1999)
Total value = 275+235+250+300 = 1060
value = 1.1 × 1.1 × 1060 {as the cost was increase of 10% over 1998 and 1997]
value = 1282.6
The correct option is (A)
Total value = IHCL + Leela hotel + Raheja + ITC (all these projects were completed in 1999)
Total value = 275+235+250+300 = 1060
value = 1.1 × 1.1 × 1060 {as the cost was increase of 10% over 1998 and 1997]
value = 1282.6
The correct option is (A)
Was this answer helpful?
0
0
Question: 5
Which of the following had the least cost per room?
Which of the following had the least cost per room?
Updated On: Jan 30, 2025
- Lokhandwala Group
- Raheja Group
- IHCL
- ITC
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Room Cost = \(\frac{Estimated\ Cost}{No.\ Of\ Rooms}\)
Room Cost of Lokhandwala Group: 225/536 = 0.42
Room Cost of Raheja Group: 250/500 = 0.5
Room Cost of IHCL: 275/600 = 0.458
Room Cost of ITC: 300/300 = 1
So, the least cost per room is Lokhandwala Group.
The correct option is (A)
Room Cost of Lokhandwala Group: 225/536 = 0.42
Room Cost of Raheja Group: 250/500 = 0.5
Room Cost of IHCL: 275/600 = 0.458
Room Cost of ITC: 300/300 = 1
So, the least cost per room is Lokhandwala Group.
The correct option is (A)
Was this answer helpful?
0
0
Top Questions on Table
- Study the following table and answer the question that follows. If the population of state B is 42,00,000 and the population of state C is 32,00,000, then what is the sum of number of females below poverty line in state B and number of males below poverty line in state C?
- Study the following table and answer the question that follows. The given table shows the percentage population of three states A, B and C below poverty line and the ratio of males and females as per poverty line. If the total population of state A is 51,00,000, then what is the number of females above the poverty line in state A?
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. Find the average number of females who were stuck in traffic on working days.
- The following table shows the total number of people who were stuck in traffic jam while going to their office on working days of a week due to construction of a flyover. Table also shows the ratio of male to female among them. If 30% males on Tuesday and 60% males on Wednesday reached their office on regular time of the office, then how many males got late on Tuesday and Wednesday taken together?
- The table shows the marks of five engineering students in Thermodynamics and Hydraulics. What is the ratio between the total marks obtained by Parikh in Thermodynamics and Hydraulics together and the same by Tahir?
View More Questions
Questions Asked in MAT exam
- Sumit can row a distance of 9 km in one hour in still water and he can now row the same distance in 45 minutes with the current. Find the total time taken by him to row 36 km with the current and return to the starting point.
- MAT - 2025
- Boat and Stream
- Five people -- Akash, Bidhan, Chandan, Dinesh, and Esha -- are sitting around a circular table. The following conditions are given:
1. Chandan is third to the right of Farooq.
2. Bidhan is second to the right of Chandan.
3. Dinesh is not sitting next to Chandan.
4. Akash is not sitting next to Bidhan
Which pair is sitting next to each other?- MAT - 2025
- Seating Arrangement
- Mohan can reach his destination on time by travelling at a speed of 54 km/hr. If one-fourth of the time, he covers \( \frac{2}{9} \) of the total distance, at what speed should the remaining distance be travelled so as to reach his destination on time?
- MAT - 2025
- Time, Speed and Distance
- A shopkeeper makes a profit of 17% by giving a discount of 22% on the marked price of an article. But with a view to gain more profit, he reduces the discount to 18% and makes a higher profit. How much is the difference in his profit percentage with this reduction in discount?
- MAT - 2025
- Profit and Loss
- Ram kumar, a trader mixes two varieties of Moong dal, totally weighing 90kg worth Rs7443. The price of the first variety that he mixes is Rs57.50 per kg and that of the second variety is Rs111.50 per kg. How much quantity of the second variety of moong dal does he mix?
- MAT - 2025
- Mixtures and Allegations
View More Questions