Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The Pie chart given below presents the distribution of costs of making a water bottle by a company. If the company earns 20% on cost per bottle and the cost of packaging one bottle is ₹0.50, then what is the selling price of one bottle?

Options:

₹12.50

₹12

₹15

₹10

Correct Answer:

₹12

Explanation:

20% = \(\frac{1 }{5}\)

ATQ ,

5% of total cost on Water bottle = 0.50

Total cost on bottle = \(\frac{0.50 }{5}\) × 100

= 10

Profit earned on water bottle = \(\frac{1 }{5}\) × 10 = 2

Now , Selling price of bottle = 10 + 2 = Rs. 12