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Question : How much was the total sale of the company ?

Statements :
I. The company sold 8000 units of product A each costing Rs. 25.
II. This company has no other product line.

Answer & Solution
Correct Answer: Option E
From I, total sale of product A = Rs. (8000 x 25) = Rs. 200000.
From II, we know that the company deals only in product A.
This implies that sale of product A is the total sale of the company, which is Rs. 200000.
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1 Comment
Umair Khan
Umair Khan 8 years ago
Dear question asking total sale not cost of sales. You are calculating cost of sales instead of sales. Therefore, from 1, we can not calculate total sale. From 2, we get no data available regarding total sale. Thus, D is the right answer