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Question

Direction(1-6): Answer the questions based on the information given in the following Passage:

The figure given below shows the relation between quality rating and number of man hours in the processing of 14 bronze statues at Kamal Workshop. The hourly cost of processing is 800 rupees and the price of the bronze statues are directly proportional to the quality rating and the relation between price and quality rating of a bronze statue is given by

Price in rupees = 2400 × Quality Rating

Assume that any other cost including the cost of material is considered in the hourly cost of processing. The statues are numbered from 1 to 14 in the increasing order based on the number of man hours in processing, for example; the statue with man hours in processing as 2, 3, 4 hours are numbered as Number 1 , Number 2, Number 3 so on.

Common Solution:

Based on the data shown above we can create the following table which shows the man hours required , quality rating, cost, price and profit for each of the 14 bronze statue made in Kamal Workshop.:

Serial No

Man Hours

Quality Rating

Cost

Price

Profit

1

2

5

1600

12000

10400

2

3

5.5

2400

13200

10800

3

4

6

3200

14400

11200

4

5

6.5

4000

15600

11600

5

6

6.75

4800

16200

11400

6

7

7

5600

16800

11200

7

8

7.25

6400

17400

11000

8

9

7.5

7200

18000

10800

9

10

7.75

8000

18600

10600

10

11

8

8800

19200

10400

11

12

8.25

9600

19800

10200

12

13

8.5

10400

20400

10000

13

14

8.75

11200

21000

9800

14

15

9

12000

21600

9600

Sum

119

95200

244200

149000

Average

8.5

7.27

6800.0

17442.9

10642.9


What is the minimum profit in rupees earned on any of the bronze statues?


A
10000
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B
10200
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C
9600
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D
9800
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Open in App
Solution

The correct option is C 9600

The minimum profit in rupees earned on any of the bronze statues is Rs. 9600. Hence option C


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Q.

Direction(1-6): Answer the questions based on the information given in the following Passage:

The figure given below shows the relation between quality rating and number of man hours in the processing of 14 bronze statues at Kamal Workshop. The hourly cost of processing is 800 rupees and the price of the bronze statues are directly proportional to the quality rating and the relation between price and quality rating of a bronze statue is given by

Price in rupees = 2400 × Quality Rating

Assume that any other cost including the cost of material is considered in the hourly cost of processing. The statues are numbered from 1 to 14 in the increasing order based on the number of man hours in processing, for example; the statue with man hours in processing as 2, 3, 4 hours are numbered as Number 1 , Number 2, Number 3 so on.

Common Solution:

Based on the data shown above we can create the following table which shows the man hours required , quality rating, cost, price and profit for each of the 14 bronze statue made in Kamal Workshop.:

Serial No

Man Hours

Quality Rating

Cost

Price

Profit

1

2

5

1600

12000

10400

2

3

5.5

2400

13200

10800

3

4

6

3200

14400

11200

4

5

6.5

4000

15600

11600

5

6

6.75

4800

16200

11400

6

7

7

5600

16800

11200

7

8

7.25

6400

17400

11000

8

9

7.5

7200

18000

10800

9

10

7.75

8000

18600

10600

10

11

8

8800

19200

10400

11

12

8.25

9600

19800

10200

12

13

8.5

10400

20400

10000

13

14

8.75

11200

21000

9800

14

15

9

12000

21600

9600

Sum

119

95200

244200

149000

Average

8.5

7.27

6800.0

17442.9

10642.9


The profit earned on how many bronze statues is at most 500 rupees more or less than the average profit earned on all the bronze statues taken together?


Q.

Direction(1-6): Answer the questions based on the information given in the following Passage:

The figure given below shows the relation between quality rating and number of man hours in the processing of 14 bronze statues at Kamal Workshop. The hourly cost of processing is 800 rupees and the price of the bronze statues are directly proportional to the quality rating and the relation between price and quality rating of a bronze statue is given by

Price in rupees = 2400 × Quality Rating

Assume that any other cost including the cost of material is considered in the hourly cost of processing. The statues are numbered from 1 to 14 in the increasing order based on the number of man hours in processing, for example; the statue with man hours in processing as 2, 3, 4 hours are numbered as Number 1 , Number 2, Number 3 so on.


Common Solution:

Based on the data shown above we can create the following table which shows the man hours required , quality rating, cost, price and profit for each of the 14 bronze statue made in Kamal Workshop.:

Serial No

Man Hours

Quality Rating

Cost

Price

Profit

1

2

5

1600

12000

10400

2

3

5.5

2400

13200

10800

3

4

6

3200

14400

11200

4

5

6.5

4000

15600

11600

5

6

6.75

4800

16200

11400

6

7

7

5600

16800

11200

7

8

7.25

6400

17400

11000

8

9

7.5

7200

18000

10800

9

10

7.75

8000

18600

10600

10

11

8

8800

19200

10400

11

12

8.25

9600

19800

10200

12

13

8.5

10400

20400

10000

13

14

8.75

11200

21000

9800

14

15

9

12000

21600

9600

Sum

119

95200

244200

149000

Average

8.5

7.27

6800.0

17442.9

10642.9

The price of how many bronze statues is more than the average price of all the bronze statues together?


Q.

Direction(1-6): Answer the questions based on the information given in the following Passage:

The figure given below shows the relation between quality rating and number of man hours in the processing of 14 bronze statues at Kamal Workshop. The hourly cost of processing is 800 rupees and the price of the bronze statues are directly proportional to the quality rating and the relation between price and quality rating of a bronze statue is given by

Price in rupees = 2400 × Quality Rating

Assume that any other cost including the cost of material is considered in the hourly cost of processing. The statues are numbered from 1 to 14 in the increasing order based on the number of man hours in processing, for example; the statue with man hours in processing as 2, 3, 4 hours are numbered as Number 1 , Number 2, Number 3 so on.

Common Solution:

Based on the data shown above we can create the following table which shows the man hours required , quality rating, cost, price and profit for each of the 14 bronze statue made in Kamal Workshop.:

Serial No

Man Hours

Quality Rating

Cost

Price

Profit

1

2

5

1600

12000

10400

2

3

5.5

2400

13200

10800

3

4

6

3200

14400

11200

4

5

6.5

4000

15600

11600

5

6

6.75

4800

16200

11400

6

7

7

5600

16800

11200

7

8

7.25

6400

17400

11000

8

9

7.5

7200

18000

10800

9

10

7.75

8000

18600

10600

10

11

8

8800

19200

10400

11

12

8.25

9600

19800

10200

12

13

8.5

10400

20400

10000

13

14

8.75

11200

21000

9800

14

15

9

12000

21600

9600

Sum

119

95200

244200

149000

Average

8.5

7.27

6800.0

17442.9

10642.9

For how many bronze statues with quality rating more than the average rating of all the bronze statues is the profit earned more than the average profit earned on all the bronze statues together?


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