Question:

The following charts show the sales share of five companies (A, B, C, D and E) for two fertilizer products, Fertilizer-P and Fertilizer-Q. The Fertilizer-P sale of company C is 2520 Kg and the Fertilizer-Q sale of company B is 3150 Kg.
If all companies decided to increase the price of both fertilizers by Rs 20 in 2022, what will be the difference of both fertilizer sales in terms of Rs for company B?

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Add Rs 20 to each price first, then compute company B's revenue for each fertilizer separately and subtract.
  • 44500
  • 47400
  • 54600
  • 32568
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The Correct Option is B

Solution and Explanation

Step 1: New price of Fertilizer-P in 2022 = 320 + 20 = Rs 340 per Kg. New price of Fertilizer-Q in 2022 = 280 + 20 = Rs 300 per Kg.
Step 2: Company B's Fertilizer-P sale = 22% of 12000 = 2640 Kg, so its Fertilizer-P revenue = 2640 x 340 = Rs 897600.
Step 3: Company B's Fertilizer-Q sale = 21% of 15000 = 3150 Kg, so its Fertilizer-Q revenue = 3150 x 300 = Rs 945000.
Step 4: Difference = 945000 minus 897600 = Rs 47400.
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