Question:
Answer the following questions on the basis of the data given below.
Jamshedpur Electronics sells Television sets and IPods through three retail outlets located in Bistupur, Sakchi and Kadma. The table below gives the sales figures (in Rupees thousand) of these two products for the months of January, February and March.
Note: Units ordered = Units sold + Ending inventory - Beginning inventory. All other things remain constant, and all Rupee figures are in thousands.
In the period from January to March, Jamshedpur Electronics ordered 7560 units of IPods across all three areas put together. The ending inventory was 6120 units and the beginning inventory was 5760 units. What was the unit sales price of IPods during this period (in Rupees thousand)?
Answer the following questions on the basis of the data given below.
Jamshedpur Electronics sells Television sets and IPods through three retail outlets located in Bistupur, Sakchi and Kadma. The table below gives the sales figures (in Rupees thousand) of these two products for the months of January, February and March.
Note: Units ordered = Units sold + Ending inventory - Beginning inventory. All other things remain constant, and all Rupee figures are in thousands.
In the period from January to March, Jamshedpur Electronics ordered 7560 units of IPods across all three areas put together. The ending inventory was 6120 units and the beginning inventory was 5760 units. What was the unit sales price of IPods during this period (in Rupees thousand)?
Jamshedpur Electronics sells Television sets and IPods through three retail outlets located in Bistupur, Sakchi and Kadma. The table below gives the sales figures (in Rupees thousand) of these two products for the months of January, February and March.
Note: Units ordered = Units sold + Ending inventory - Beginning inventory. All other things remain constant, and all Rupee figures are in thousands.
In the period from January to March, Jamshedpur Electronics ordered 7560 units of IPods across all three areas put together. The ending inventory was 6120 units and the beginning inventory was 5760 units. What was the unit sales price of IPods during this period (in Rupees thousand)?
Show Hint
Use the inventory formula to get units sold first, then divide the total IPods sales value by that number.
Updated On: Jul 10, 2026
- 14.00
- 14.65
- 14.80
- 13.00
Show Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
Step 1: Rearrange the inventory formula to find units sold.
The rule is units ordered = units sold + ending inventory - beginning inventory, so units sold = units ordered - ending inventory + beginning inventory.
Here, units ordered = 7560, ending inventory = 6120, beginning inventory = 5760.
Units sold = 7560 - 6120 + 5760 = 7200.
Step 2: Find the total IPods sales value for the same period.
Adding all nine monthly-area entries for IPods from the table: Bistupur (15750 + 16800 + 17850) + Sakchi (9450 + 10080 + 10710) + Kadma (6300 + 6720 + 7140) = 50400 + 30240 + 20160 = 100800 (Rupees thousand).
Step 3: Divide sales value by units sold to get the unit price.
The price per unit is simply the total money collected divided by the total number of units that generated it.
Unit sales price = 100800 / 7200 = 14 (Rupees thousand).
Why the other options are wrong:
14.65 and 14.80 come from dividing the correct sales value by a slightly wrong units-sold figure (for instance forgetting to add back the beginning inventory). 13.00 comes from a similar slip that overstates the units sold.
Final Answer:
The unit sales price of IPods during this period was Rupees 14 thousand.
\[ \boxed{14} \]
The rule is units ordered = units sold + ending inventory - beginning inventory, so units sold = units ordered - ending inventory + beginning inventory.
Here, units ordered = 7560, ending inventory = 6120, beginning inventory = 5760.
Units sold = 7560 - 6120 + 5760 = 7200.
Step 2: Find the total IPods sales value for the same period.
Adding all nine monthly-area entries for IPods from the table: Bistupur (15750 + 16800 + 17850) + Sakchi (9450 + 10080 + 10710) + Kadma (6300 + 6720 + 7140) = 50400 + 30240 + 20160 = 100800 (Rupees thousand).
Step 3: Divide sales value by units sold to get the unit price.
The price per unit is simply the total money collected divided by the total number of units that generated it.
Unit sales price = 100800 / 7200 = 14 (Rupees thousand).
Why the other options are wrong:
14.65 and 14.80 come from dividing the correct sales value by a slightly wrong units-sold figure (for instance forgetting to add back the beginning inventory). 13.00 comes from a similar slip that overstates the units sold.
Final Answer:
The unit sales price of IPods during this period was Rupees 14 thousand.
\[ \boxed{14} \]
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