Directions (1 - 5): Study the table and answer the given questions.
Note:
I. Net revenue = Gross revenue - Amount allocated for commission – Amount allocated for discount and others.
II. Few values are missing in the table (indicated by - ). A candidates is expected to calculate the missing value, It is required to answer the given question on the basis of the given data and the information.
Months | Gross Revenue | Amount Allocated for Commission | Amount Allocated for Discount and Offer | Net Revenue |
March | Rs. 360000 | Rs. 31200 | - | - |
April | Rs. 320000 | Rs. 28000 | Rs. 16000 | - |
May | - | - | Rs. 36000 | Rs. 336000 |
June | - | Rs. 42000 | Rs. 30200 | Rs. 330000 |
July | - | Rs. 40000 | Rs. 28000 | Rs. 362000 |
In May, the respective ratio of amount allocated for commission and amount allocated for discount and others was 4:3. What was the Gross revenue of the magazine in May?
A. Rs. 424000
B. Rs. 440000
C. Rs. 380000
D. Rs. 420000
E. Rs. 430000
Answer: Option D
Solution(By Examveda Team)
In May, ratio of amount allocated for commission and amount allocated for discount = 4 : 3In May, amount allocated for commission = 4 × 12000 and 3 × 12000
Amount allocated for discount = 48000 and 36000
∵ Gross revenue in May net revenue + amount allocated for commission
= 336000 + 84000
= Rs. 420000
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