A shaving set company sells different types of razors: Elegance, Smooth, Soft and Executive. Elegance sells at Rs. 48, Smooth at Rs. 75, Soft at Rs. 25 and Executive at Rs. 173 per piece. The table below shows the numbers of each razor sold in each quarter of a year. Quarter | Elegance | Smooth | Soft | Executive Q1 | 27300 | 20000 | 17000 | 9842 Q2 | 25222 | 19092 | 19445 | 9842 Q3 | 28976 | 22429 | 19644 | 10234 Q4 | 21012 | 14229 | 16544 | 10139 Which product contributes the greatest fraction to the revenue of the company in that year? A. Elegance B. Executive C. Smooth D. Soft
GATE 2016 · General Aptitude · Tabular Data · easy
Answer: Executive contributes the greatest revenue fraction (about 35.8% annually). Answer: B. Executive.
- Compute annual unit sales for each product: Elegance: 27300+25222+28976+21012 = 102510 | Smooth: 20000+19092+22429+14229 = 75750 | Soft: 17000+19445+19644+16544 = 72633 | Executive: 9842+9842+10234+10139 = 40057
- Compute annual revenue for each product: Elegance: 102510 x 48 = Rs. 4,920,480 | Smooth: 75750 x 75 = Rs. 5,681,250 | Soft: 72633 x 25 = Rs. 1,815,825 | Executive: 40057 x 173 = Rs. 6,929,861
- Compute revenue fractions and identify the maximum: Total = 4920480 + 5681250 + 1815825 + 6929861 = 19347416 | Executive fraction = 6929861 / 19347416 = 0.358 (35.8%) | Smooth = 29.4% | Elegance = 25.4% | Soft = 9.4%