Question

What is the total profit earned by company G for items I and II together?

• A. \rupee 78 lakh
• B. \rupee 1.62 crore
• C. \rupee 7.8 crore
• D. \rupee 1.62 lakh
  % Correct answer \textbf{Correct answer:} (A) \rupee 78 lakh

Hint:

Split total cost based on ratio and compute percent profit for each item separately.

Answer 1

The Correct Option is A

Company G’s share = 12% of 25 crore = \rupee 3 crore
Item I : II = 1:2 ⇒ Total parts = 3
Item I cost = \(\frac{1}{3} \times 3 = 1\) crore
Item II cost = \(\frac{2}{3} \times 3 = 2\) crore
Profit on item I = 30% of 1 crore = \rupee 0.30 crore
Profit on item II = 24% of 2 crore = \rupee 0.48 crore
Total profit = \(0.30 + 0.48 = {0.78 \text{ crore}} = {78 \text{ lakh}}\)