Question

QUESTION: 15 GROUP: Quantitative SECTION: Data Interpretation Mark(s): 1 Directions for questions: Read the following information and answer the question that follows. Greenlam Industries is an Articrafts manufacturing company establishes in 2004. The following table gives the information about the number of articrafts manufactured and sold period from 2005 to 2010. Each year the company use to sell these articrafts at different prices even if the cost price is constant. i.e., Rs. 1000. Year Mark up % Discount % Number of articrafts Manufactured Ratio of number of articrafts sold to defective 2005 300 20 10 5:1 2006 360 30 20 2:1 2007 280 25 15 11:3 2008 420 10 5 5:2 2009 450 30 20 7:2 2010 480 40 25 3:1 Question: In 2008, if the defected articrafts are sold at 10% less than the cost price then what is the profit/loss of the company in that year? Profit of Rs. 18,500 Profit of Rs. 1500 Loss of Rs. 1400​

Answer 1

Answer:

it is the loss for the company