3. Using multiple operations find the profit obtained by the seller in a month if he sell 500 marks daily whose selling price is Rs 100. Manufacturing cost of each mask is Rs 25.
Fixed cost for a year is 15000.
From chapter Advance features of spreadsheet.
Answers
Given : Sell 500 masks daily whose selling price is Rs 100.
Manufacturing cost of each mask is Rs 25.
Fixed cost for a year is 15000.
To Find : profit obtained by the seller in a month
Solution:
Fixed cost for a year is 15000. Rs
Masks Sold Daily = 500
Days in a year = 365
Use Multiplication operation to get Mask sold in year
= 365 * 500
= 182500
Manufacturing cost of each mask is Rs 25.
Multiply by 25 to get Variable manufacturing cost in a year
= 25 * 182500
= 45,62,500 Rs
Add Fixed cost in Variable Cost to get Total Cost
= 45,62,500 + 15000
= 45,77,500 Rs
Multiply Mask Sold in a year by Selling price of Mask
to get Selling Price (Revenue) in year
100 * 182500 = 18250000 Rs
Subtract Total Cost in year from Total Revenue to get profit
1,82,50,000 - 45,77,500
= 1,36,72,500 Rs
Divide by 12 to get profit in a month
= 1,36,72,500 / 12
= 11,39,375 Rs
profit obtained by the seller in a month 11,39,375 Rs
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