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Income by selling the products
Total = Rs.45 millions
Study the following graphs carefully to answer these questions.
Quantity of various items produced and the amount earned by selling them
Quantity produced Total = 2000 tons
Income by selling the products
Total = Rs.45 millions
Question 146
If the expenditure incurred in production of product ‘C’ per ton was Rs. 16000, what was the per cent profit earned ?
Solution
Quantity of item C produced = $$\frac{15}{100} * 2000$$ = 300 tons
Expenditure incurred = 16000 * 300
= Rs. 48,00,000
Income earned = $$\frac{12}{100} * 45$$ million
= Rs. 54,00,000
=> Profit = Rs. (54,00,000 - 48,00,000) = Rs. 6,00,000
$$\therefore$$ Profit % = $$\frac{600000}{4800000} * 100$$ = 12.5%
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