Question

Sample Problem 2
A women's hosiery department occupies a selling area of 1,500 square feet. Net
sales last year were Rs.200 per sq.ft. This year, sales per sq.ft. are planned at Rs.205,
with the same space allocation. Find (a) Net sales for last year, (b) Planned net sales
this year, (c) Percentage variation between planned sales and last year's actual sales.

Answer 1

Answer:

a) ₹300000

b) ₹307500

c) 2.5%

Step-by-step explanation:

a) net sales of last year= 1500×205=Rs300000

b) Planned net sales this year =1500×205=Rs 307500.

c) variation between a and b = (b-a)/a=(307500-300000) /300000=0.025

thus, % of variation between a and b = 0.025×100=2.5%(ans)