XAT 2010 Question 100

Instructions

based on the information given below.

The retail prices of flowers, consumer expenditure on flowers and sales of flowers for the calendar year 2009, in Phoolgaon, a small town with a population of 70000, is summarized in table 3:



Question 100

Compared to January, the sales of roses in July

Solution

Expenditure on roses in January = 1136916

Price of roses per dozen = 99

Roses sold = 1136916/99

                =11484 dozens

Expenditure on roses in July = 1188432

Price of roses per dozen = 144

Roses sold = 1188432/144

                =8253 dozens 

Sales of roses in July as compared to January = [(8253-11484)/11484]*100

                                                                    =  - 28.13%

Since Change is negative, there is a decrease of 28.13%.
Hence B is the correct answer.



Create a FREE account and get:

  • All Quant Formulas and shortcuts PDF
  • 40+ previous papers with solutions PDF
  • Top 500 MBA exam Solved Questions for Free

    Comments

    Register with

    OR

    Boost your Prep!

    Download App