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XYZ is a company involved in the manufacture and selling of three prod
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28 Dec 2023, 00:23
28 Dec 2023, 00:23
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Question Stats:
83% (02:21) correct
16% (02:13) wrong based on 6 sessions
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XYZ is a company involved in the manufacture and selling of three products – Backhoe, Cranes and Dynapac. It also sells the spares for these implements. The following charts give the data on the turnover and profits of XYZ in the period 2010-2014, and the profile of the customer segments in the year 2013-2014.
“XYZ’s total turnover in 2013-2014 from the three products from purchase made by the government = a” and “XYZ’s total turnover in 2013-2014 from the three products from purchase made by the contractors = b”
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
“XYZ’s total turnover in 2013-2014 from the three products from purchase made by the government = a” and “XYZ’s total turnover in 2013-2014 from the three products from purchase made by the contractors = b”
Quantity A |
Quantity B |
\(\frac{a}{b}\) |
\(2\) |
A) Quantity A is greater.
B) Quantity B is greater.
C) The two quantities are equal.
D) The relationship cannot be determined from the information given.
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Free Materials for the GRE General Exam - Where to get it!!
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Re: XYZ is a company involved in the manufacture and selling of three prod
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13 Jan 2024, 06:21
13 Jan 2024, 06:21
Expert Reply
Post A Detailed Correct Solution For these FRESH Quant & Verbal Questions And Get A Kudos
Re: XYZ is a company involved in the manufacture and selling of three prod
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10 Jun 2024, 00:02
10 Jun 2024, 00:02
Expert Reply
OE
We have previously calculated the turnover in 2013-2014 from purchase made by the government to be $11 mn = a.
To find the contribution to turnover from contractors, we only need to consider only the sale of Dynapac since there is no purchase of Backhoe and Cranes by contractors.
Total turnover in 2013-2014 of XYZ = $100 mn
Thus, turnover from the sale of Dynapac = 10% of $100 mn = $10 mn
Turnover from the sale of Dynapac by purchase from contractors = 60% of $10 mn = $6 mn = b
Thus, the required ratio
\(=\frac{a}{b}=\frac{11}{6} <2\)
We have previously calculated the turnover in 2013-2014 from purchase made by the government to be $11 mn = a.
To find the contribution to turnover from contractors, we only need to consider only the sale of Dynapac since there is no purchase of Backhoe and Cranes by contractors.
Total turnover in 2013-2014 of XYZ = $100 mn
Thus, turnover from the sale of Dynapac = 10% of $100 mn = $10 mn
Turnover from the sale of Dynapac by purchase from contractors = 60% of $10 mn = $6 mn = b
Thus, the required ratio
\(=\frac{a}{b}=\frac{11}{6} <2\)
