Direction: Seven companies A, B, C, D, E, F and G are engaged in production of 2 items I and II. The comparative data about production of these items by the 7 companies is given in the following graph and Table. Study them carefully and answer the questions given below.
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What is the total of the profit earned by company B on production of item I and the profit earned by company A on production of item II?
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- $ 9.78 million
- $ 97.8 million
- $ 52.8 million
- $ 5.28 million
- None of these
Correct Option: B
Given :- cost of the total production by companies = $ 25
For A company for item II ,
Ratio of total production = 5 , Ratio of total production of item II = 3
% of total production produced by A = 15%
% of profit earned by company A on production of item II = 20%
For B company for item I ,
Ratio of total production = 5 , Ratio of total production of item I = 3
% of total production produced by B = 11%
% of the profit earned by company B on production of item I = 32%
Required profit = the profit earned by company B on production of item I + the profit earned by company A on production of item II
| = | 3 | x | 11 | x | 25 | x | 32 | + | 3 | x | 15 | x | 25 | x | 20 |
| 5 | 100 | 100 | 5 | 100 | 100 |
= 0.58 + 0.450 = $ 97.8 million.
