Multiple choice

The following table shows the number of different items in different shops and their respective selling prices per unit. Shops Total No. of Items AC : Cooler : Fan Selling Price per unit Cooler AC Fan A 5,000 4 : 5 : 1 8,000 25,000 8,500 B 1,800 3 : 2 : 4 10,000 20,000 16,000 C 3,400 6 : 4 : 7 6,000 42,000 15,000 D 3,600 4 : 2 : 3 12,000 32,000 8,000 E 4,000 5 : 1 : 4 8,000 26,500 12,200 F 1,210 2 : 4 : 5 11,000 28,000 11,100 Find the percentage of total revenue which comes from Cooler from shop E, considering all given items are being sold from shop E and from all the given shops only given three items are being sold. (Rounded off to three decimal places)

  1. 4.226%

  2. 3.516%

  3. 10.45%

  4. 8.910%

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A Correct answer
AI explanation

Using the given ratio of 5 to 1 to 4 for the 4000 total items in shop E, the shop has 2000 AC units, 400 Coolers, and 1600 Fans. The total revenue is calculated by multiplying the quantity by the selling price for each item, yielding 53,000,000 for ACs, 3,200,000 for Coolers, and 19,520,000 for Fans, giving a combined total revenue of 75,720,000. Using the percentage calculation method, the revenue share of Coolers is (3,200,000 divided by 75,720,000) multiplied by 100, which equals 4.226 percent.