Hi puys, Can anyone solve this one from Profit and Loss LOD 3 Question 34 :
A newspaper vendor sells three kinds of periodicals-dailies,weeklies and monthlies. The weeklies sell for Rs 12 at a profit of 20% , the monthlies sell at Rs 50 at a profit of 25% , while the dailies sell at Rs 3 at a profit of 50% . If there is a government restriction on the total number of peroidicals that one particular news vendor can sell , and Kalu a newspaper vendor has sufficient demand for all the three types of periodicals what should he do to maximise profits ?
a) Sell maximum weeklies b) Sell maximum monthlies c) Sell maximum dailies d) Cannot be determined
Answer : b)
Without the restriction mentioned in the problem above,what should the newspaper vendor do to maximise his profits if his capital is limited ?
a) Sell maximum weeklies b) Sell maximum monthlies c) Sell maximum dailies d) Cannot be determined
Originally Posted by mohdhuzaifa2010 View Post LOD 1 ques 46 chapter 5 in an exam 80% students passed in physics. 70% in chemistry while 15% failled in both the subjects. if 325 students passed in boh the subjects. find the total number of students who appeared in the examination.
In this problem (and problems similar to these) I get confused in the language of the problem ....like in the above question when they say that "15% students failed in both the subjects" does it mean the total students failed or do they mean the students in common from the two subjects who failed ?? ..similarly for the statement "325 students passed in both the subjects" While getting the solution , the approach puys have taken is to take 325 as the common students passed in both the subjects and 15% as the total students who failed in both the subjects ...even though they have been introduced in the same way in the problem ...can anyone please solve my doubt
Regards,
u r really confusing..................it means that those students which are not passed in any subjects,are 15%. so................. n(AUB)=n(A)+n(B)-n(A@B) suppose,total nnumber of students are x,then........... n(AUB)=0.8x+0.7x-325-------------------(1) while n(AUB)--->those students who are passed in either physics or chemistry
now, it is given that,15% students are failed x-n(AUB)=0.15x------------------(2) now calculate and u will get 500 is answer correct ??I think it should be correct 100% surity.............
Sorry for replying late , but I am still not clear .... If 80% of the students pass in Physics doesn't it mean that the remaining 20% students fail in Physics...similarly if 70% students pass in chemistry...i guess it means that the remaining 30% students have failed in chemistry ...by consdering this and also the fact that 15% failed in both the subjects ...we get a total of 35% students failing ..if you find my LOGIC sane enough please try to solve it .
Originally Posted by mohdhuzaifa2010 View Post LOD 1 ques 46 chapter 5 in an exam 80% students passed in physics. 70% in chemistry while 15% failled in both the subjects. if 325 students passed in boh the subjects. find the total number of students who appeared in the examination.
Sorry for replying late , but I am still not clear .... If 80% of the students pass in Physics doesn't it mean that the remaining 20% students fail in Physics...similarly if 70% students pass in chemistry...i guess it means that the remaining 30% students have failed in chemistry ...by consdering this and also the fact that 15% failed in both the subjects ...we get a total of 35% students failing ..if you find my LOGIC sane enough please try to solve it .
Yup you are correct 35% people have failed in atleast one of the subject. So, the number of people who passed in both the subjects = 65% of total = 325
Please help me with this one : A newspaper costs Rs 11 to print on a daily basis . Its sale price (printed) is Rs 3 . The newspaper gives a sales incentive of 40% on the printed price , to the newspaper vendors . The newspaper makes up for the loss through advertisements , which are charged on the basis of per column centimetre rates . The advertisement rates of the newspaper are Rs 300 per cc (column centimetre) . It has to give an incentive of 15% on the advertisement bill to the advertising agency . If the newspaper has a circulation of 12000 copies, what is the approximate minimum advertising booking required if the newspaper has a break-even on a particular day (Assume there is no wastage)
a) 300 cc b) 350 cc c) 435cc d)450 cc
For the above question , if it is known that the newspaper house is unable to recover 20% of it's dues , what would be the approximate advertising booking target on a particular day in order to ensure the break even point? a) 375 cc b) 438 cc c) 544 cc d) 562.5 cc
Please help me with this one : A newspaper costs Rs 11 to print on a daily basis . Its sale price (printed) is Rs 3 . The newspaper gives a sales incentive of 40% on the printed price , to the newspaper vendors . The newspaper makes up for the loss through advertisements , which are charged on the basis of per column centimetre rates . The advertisement rates of the newspaper are Rs 300 per cc (column centimetre) . It has to give an incentive of 15% on the advertisement bill to the advertising agency . If the newspaper has a circulation of 12000 copies, what is the approximate minimum advertising booking required if the newspaper has a break-even on a particular day (Assume there is no wastage)
a) 300 cc b) 350 cc c) 435cc d)450 cc
For the above question , if it is known that the newspaper house is unable to recover 20% of it's dues , what would be the approximate advertising booking target on a particular day in order to ensure the break even point? a) 375 cc b) 438 cc c) 544 cc d) 562.5 cc
Originally Posted by 2ndApr2011 View Post Please help me with this one : A newspaper costs Rs 11 to print on a daily basis . Its sale price (printed) is Rs 3 . The newspaper gives a sales incentive of 40% on the printed price , to the newspaper vendors . The newspaper makes up for the loss through advertisements , which are charged on the basis of per column centimetre rates . The advertisement rates of the newspaper are Rs 300 per cc (column centimetre) . It has to give an incentive of 15% on the advertisement bill to the advertising agency . If the newspaper has a circulation of 12000 copies, what is the approximate minimum advertising booking required if the newspaper has a break-even on a particular day (Assume there is no wastage) a) 300 cc b) 350 cc c) 435cc d)450 cc For the above question , if it is known that the newspaper house is unable to recover 20% of it's dues , what would be the approximate advertising booking target on a particular day in order to ensure the break even point? a) 375 cc b) 438 cc c) 544 cc d) 562.5 cc Ans1) 435 Ans2) 375 What's ur doubt bro...!! Yes you have got the first one right but not the second one ...then answer of the secnd one is option c however can you tell me how you got the first one ... i mean the detailed steps...here the CP is Rs 11 the price of the paper and the SP is Rs 3 ,,and the fixed cost is (30% of 3) 1.2 * 12000 ..i cannot proceed after this ...
Originally Posted by 2ndApr2011 View Post Please help me with this one : A newspaper costs Rs 11 to print on a daily basis . Its sale price (printed) is Rs 3 . The newspaper gives a sales incentive of 40% on the printed price , to the newspaper vendors . The newspaper makes up for the loss through advertisements , which are charged on the basis of per column centimetre rates . The advertisement rates of the newspaper are Rs 300 per cc (column centimetre) . It has to give an incentive of 15% on the advertisement bill to the advertising agency . If the newspaper has a circulation of 12000 copies, what is the approximate minimum advertising booking required if the newspaper has a break-even on a particular day (Assume there is no wastage) a) 300 cc b) 350 cc c) 435cc d)450 cc For the above question , if it is known that the newspaper house is unable to recover 20% of it's dues(means it recovered 80% of the cost) , what would be the approximate advertising booking target on a particular day in order to ensure the break even point? a) 375 cc b) 438 cc c) 544 cc d) 562.5 cc Ans1) 435 Ans2) 375 What's ur doubt bro...!! Yes you have got the first one right but not the second one ...then answer of the secnd one is option c however can you tell me how you got the first one ... i mean the detailed steps...here the CP is Rs 11 the price of the paper and the SP is Rs 3 ,,and the fixed cost is (30% of 3) 1.2 * 12000 ..i cannot proceed after this ...
Ans1) CP= (11-3+1.2)*12000= 9.2*12000=110400 earning from adv'= 255 per adv' min no. of adv' needed to break even= 110400/255= this value should be equal to nearest integer value >= quotient.
Ans 2) total earning= 110400*(4/5)=88320 as the newspaper house recovered only 80% of the cost. min bookings needed= 88320/255= ans.
short trick: this value should be less than Ans1 as we need to achieve only 80% booking target. only 1 option.
Now I have two questions.First, how can 80% target be greater than 100%..?? either u missed to mention something abt question or the answer is wrong. The value would actually be 348 & I marked the nearest answer. Second, Can u help me get an ebook of Arun Sharma Quant/DI..!!!