Question

Each case contains 24 bottles and the average selling price per bottle is Rs.9. If there is an excise duty of Rs.16 per case, what is the total excise duty collected in the year 2003 from the three products?

• A. 2.8 crores
• B. 1.03 crores
• C. 2.32 crores
• D. 2.7 crores
• A. Peach, 1999
• B. Lemon, 2001
• C. Peach, 2002
• D. Lemon, 2000
• A. 15 million
• B. 8 million
• C. 10 million
• D. 5 million
• A. 17.5 crores
• B. 20 crores
• C. 420 crores
• D. 560 crores
• A. 2.1 million bottles
• B. 0.8 million bottles
• C. 1.6 million bottles
• D. 2.4 million bottles

Answer 1

The Correct Option is B

The calculation starts with the total number of cases sold, which is derived from the number of bottles sold across three products. Given the quantities in millions and the conversion factor from bottles to cases, we calculate: \[ \text{Total number of cases} = \left(\frac{6.2 + 6.3 + 3.0}{24}\right) \times 10^5 = 64583.34 \text{ cases} \] Now, applying the excise duty per case: \[ \text{Excise Duty} = 64583.34 \times 16 = 1.0333 \text{ crores} \] Rounding this to two decimal places gives us: \[ \text{Excise Duty} = 1.03 \text{ crores} \]

Answer 2

From the graph, the highest percentage growth in sale is shown by Lemon in 2000, with a sharp increase in the number of bottles sold.

Answer 3

The ratio of the sales in 1998 was given as: \[ \text{Peach} : \text{Lemon} : \text{Litchi} = 2.1 : 1.5 : 1.0 \] The sale of Litchi increased by 10% in 2004. Hence, the increase in Litchi’s sale is: \[ 10% \text{ increase in Litchi} = \frac{3 \times 110}{100} = 3.3% \] The total sale of drinks will still follow the same ratio. We now calculate the total sale by considering the increase in Litchi’s sale. To account for this, we find the total by using the formula: \[ 10% = 3.3 \] Now, \[ 1% = \frac{3.3}{10} \] Then, the total sale is: \[ \text{Total Sale} = \frac{3.3}{10} \times 4.6 = 15.18 \text{ million (approx.)} \] Thus, the approximate total sale of the three drinks in 2004 is 15 million.

Answer 4

The total number of bottles sold in 2003 is 15.5 million, and the average selling price per bottle is Rs.9. The total cost for the three brands of drinks is: \[ \text{Total cost} = 15.5 \times 9 = 139.5 \text{ million} \] Now, considering the market share of the three brands is 80%, the total industry size is: \[ \text{Industry size} = \frac{15.5 \times 9}{80} \times 100 = 17.5 \text{ crores} \]

Answer 5

The sale of Peach in 2004 increased by 40%, and the sale of Lemon increased by 25%. We calculate the sales of these two brands in 2004 based on the given growth rates. Step 1: Calculate the growth in sales for Peach. The sales of Peach in 2004 is calculated as: \[ \text{Peach Sales in 2004} = 6.2 \times \frac{140}{100} = 8.68 \text{ million bottles} \]

Step 2: Calculate the growth in sales for Lemon. The sales of Lemon in 2004 is calculated as: \[ \text{Lemon Sales in 2004} = 6.3 \times \frac{125}{100} = 7.875 \text{ million bottles} \]

Step 3: Calculate the difference in sales. The difference in the sales between Peach and Lemon in 2004 is: \[ \text{Difference} = 8.68 - 7.875 = 0.8 \text{ million bottles} \]