Question

The average profit per month earned by Company ABC from the sale of wallets and handbags is Rs. 78900. The Sales Head of the company suggested that if they decided to sell backpacks as well, then their estimated average profits from the sale of all three products could go up to Rs. 84000. Find the additional total profit earned from the sale of backpacks. Write your answer in the blank provided below.

Answer 1

Answer:

Please mark this answer as the brainliest answer.

The additional profit will be =

$84000 - 78900$

= 5100

Answer 2

Answer:

Mean profits from wallets and handbags = Rs. 78900

Total profit from wallets and handbags = Rs. (78900 x 2) = Rs. 157800

Estimated mean profits from wallets, handbags and backpacks = Rs. 84000

Estimated total profits from all the three products = Rs. (84000 × 3) = Rs. 252000

Hence, estimated profit from the sale of backpacks = Rs. (252000 - 157800) = Rs. 94200