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11 Jun 2019, 02:05
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D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
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Question Stats:
95% (00:49) correct
5%
(00:42)
wrong
based on 59
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A company's profits obtained from Product A, Product B, and Product C are in the ratio 47:1:2, respectively. If the total profits from these three products is $16,000, what is the profit from Product C?
A. $1,610
B. $1,290
C. $960
D. $640
E. $320
A. $1,610
B. $1,290
C. $960
D. $640
E. $320
11 Jun 2019, 07:11
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Bunuel
Share of C = \(\frac{2}{47 + 1 + 2}\)*16,000 = \(\frac{2}{50}\)*16,000 = 640 $
Alternate Method
Given A:B:C = 47:1:2
--> Take values of A, B & C as 47k, k & 2k respectively
--> 47k + k + 2k = 16000
--> 50k = 16000
--> k = 320
C = 2k = 640 $
IMO Option D
Pls Hit kudos if you like the solution
12 Jun 2019, 03:02
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Solution
Given:
To Find:
Approach & Working Out:
Hence, the correct answer is Option D
Given:
- • Profits obtained from Product A, Product B, and Product C, are in the ratio 47:1:2, respectively
• Total profit from these three products is $16,000
To Find:
- • The profit from Product C
Approach & Working Out:
- • 47x + x + 2x = $16,000
- o Implies, x = \(\frac{$16,000}{50} = $320\)
• Therefore, the profit from Product C = 2 * $320 = $640
Hence, the correct answer is Option D
