GATE EC 2014 Set 3 — Question 9
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General Aptitude → Quantitative Aptitude → Data Interpretation (Bar, Pie, Graphs, Tables)
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Question
A firm producing air purifiers sold units in . The following pie chart presents the share of raw material, labour, energy, plant & machinery, and transportation costs in the total manufacturing cost of the firm in . The expenditure on labour in is Rs. . In , the raw material expenses increased by and all other expenses increased by . If the company registered a profit of Rs. lakhs in , at what price (in Rs.) was each air purifier sold?
Correct answer
20000 to 20000
Solution
1.Find Total Manufacturing Cost in 2012:
Labour cost share = Labour expenditure = Rs.
Total Cost () = (30 lakhs).
2.Find Total Revenue in 2012:
Profit = Rs. (10 lakhs)Total Revenue = Total Cost + Profit = (40 lakhs).
3.Find Selling Price per Unit in 2012:
Number of units sold = Selling Price = .Note: The information regarding 2013 is not required to answer the question about the 2012 selling price.
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