Question Details

An Indian company, having its registered office at Gurugram, is engaged in manufacturing of consumer goods at Noida. The goods manufactured by the company are sold in Indian market and exported to Europe. Company produces five products namely ‘P’, ‘Q’, ‘R’, ‘S’ and ‘T’. Total production of the company for the financial year 2021-22 is 3,000 tonnes and the turnover of the company is ₹ 50 million. Analysis of the production and net revenue generation shows that production of product ‘P’ is 21% of the total production and 18% of the turnover is attributable to product ‘P’; production of ‘Q’ is 16% of the total production and 17% of the turnover is attributable to ‘Q’; ‘R’ accounts for 18% of the total production and 20% of the turnover; ‘S’ accounts for 20% of the total production and 25% of the turnover, and; ‘T’ accounts for 25% of total production and 20% of turnover.


What percentage of turnover of ‘r’ has to turnover of ‘t’?

Options

A

100%

B

75%

C

50%

D

60%

Show Answer

Correct Answer :

Option A

100%

Solution :

The correct option is 100%.


Step-by-step Explanation:


1. Understand the given data:
Total turnover of the company = ₹ 50 million.
Percentage of turnover attributable to Product ‘R’ = 20%
Percentage of turnover attributable to Product ‘T’ = 20%


2. Calculate the turnover of Product ‘R’ and Product ‘T’:

Turnover of Product ‘R’ = 20%×50 million

=20100×50=10 million


Turnover of Product ‘T’ = 20%×50 million

=20100×50=10 million


3. Calculate the percentage of turnover of ‘R’ relative to turnover of ‘T’:

Percentage = Turnover of Product ‘R’Turnover of Product ‘T’×100%

Percentage = 10 million10 million×100%

Percentage = 1×100%=100%


Alternatively, since both Product ‘R’ and Product ‘T’ account for the exact same share of total turnover (20%), the ratio of their turnover is 1:1, which equals 100%.

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