The gross annual sales of a firm are Rs. 7500. The cost of materials and manufacture is 35% of the gross sales. Rent, rates and taxes amount to Rs. 772 ; advertising to Rs. 1880 ; office expenses to Rs 272 ; manager's salary Rs. 400 plus 1% of gross sales. Find the % profit.

Option 1 - <p>22.43%</p>
Option 2 - <p>21.22% &nbsp;&nbsp;&nbsp;&nbsp;</p>
Option 3 - <p>19.68%</p>
Option 4 - <p>24.5%</p>
4 Views|Posted 7 months ago
Asked by Shiksha User
1 Answer
P
7 months ago
Correct Option - 4
Detailed Solution:

Total expenses = (35% of 7500) + 712 + 1880 + 272 + 400 + 75 = 6024

Total receipts = 7500 Total profit = 7500 – 6024 = 1476

% profit =  (14766024)*100=24.5%

Thumbs Up IconUpvote Thumbs Down Icon

Similar Questions for you

It's difficult but in some colleges you may can get 

  a + 5 b  is collinear with c  

  a + 5 b = c           …(1)

b + 6 c is collinear with a  

⇒   b + 6 c = μ a               …(2)

From (1) and (2)

  b + 6 c = μ ( λ c 5 b )          

-> ( 1 + 5 μ ) b + ( 6 λ μ ) c = 0

? b and c

( s i n x c o s x ) s i n 2 x t a n x ( s i n 3 x + c o s 3 x ) d x

( s i n x c o s x ) s i n x c o s x s i n 3 x + c o s 3 x d x , put sin3x + cos3x = t(3 sin2x×cosx – 3cos2xsinx) dx = dt

-> 1 3 d t t

= l n t 3 + c

= l n | s i n 3 x + c o s 3 x | 3 + c

             

           

...Read more

f ( x ) = ( 2 x + 2 x ) t a n x t a n 1 ( 2 x 2 3 x + 1 ) ( 7 x 2 3 x + 1 ) 3

f ( x ) = ( 2 x + 2 x ) . t a n x . t a n 1 ( 2 x 2 3 x + 1 ) . ( 7 x 2 3 x + 1 ) 3

f ' ( x ) = ( 2 x + 2 x ) . s e c 2 x . t a n 1 ( 2 x 2 3 x + 1 ) . ( 7 x 2 3 x + 1 ) 3 + t a n x . ( Q ( x ) )

f ' ( 0 ) = 2 . 1 π 4 . 1

= π

 

Taking an Exam? Selecting a College?

Get authentic answers from experts, students and alumni that you won't find anywhere else.

On Shiksha, get access to

66K
Colleges
|
1.2K
Exams
|
6.9L
Reviews
|
1.8M
Answers

Learn more about...

Quantitative Aptitude Prep Tips for MBA 2026

Quantitative Aptitude Prep Tips for MBA 2026

View Exam Details

Most viewed information

Summary

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

or

Ask Current Students, Alumni & our Experts

Have a question related to your career & education?

or

See what others like you are asking & answering