For all the outlets of a given showroom, if the total profit is equal to the total sales minus the total investment, then the total investment of HP-showroom F in the year 2020 was :

Question

Question

The following table shows the details of

(i) number of outlets,

(ii) average sales (in Rs. Lakh) per outlet, and

(iii) total profit (in Rs. lakh) of all the outlets of six HP-showrooms A-F selling Laptops in two years 2020 and 2021.

Based on the data in the table, answer the question.

H.P. Showroom wise Sales and Profit Figures in two Years.

HP-Showrooms	Number of Outlets		Average Sales (in Rs. Lakh) per Outlet		Total Profit (in Rs. Lakh) of all the Outlets
HP-Showrooms	2020	2021	2020	2021	2020	2021
A	2	3	100	110	80	120
B	4	6	340	360	250	400
C	1	3	120	140	80	100
D	5	6	180	240	240	360
E	3	4	360	350	300	320
F	5	5	80	60	30	30

This question was previously asked in

UGC NET Official Paper-I (Held On: 05 Mar, 2023 Shift 1)

Answer 1

Given:

Total Profit = 30 Lakhs

Total Sales = 80 × 5 = 400 lakhs

Concept used:

Investment = Sales - Profit

Calculation:

⇒ Total Investment = 400 - 30 = 370 lakhs

∴ The total investment of HP-showroom F in the year 2020 was Rs. 370 lakhs.