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DILR Practice Set – 31

DILR Practice Set – 31

Refer to the data below and answer the ques ons that follow. follow


A, B, C, D, E, F, G and H are eight leading companies in healthcare industry. The following graph shows informa on on the percentage share of these companies in the overall healthcare industry (in terms of revenue) in 2017, percentage increase in the total revenue in 2017 over the corresponding value in 2016 and percentage increase in the total sales (in terms of number of units sold) in 2017 over the corresponding value in 2016.

image
Revenue is given in Rs. crore and Quan ty is considered in units. Note:
1. The only source of revenue for the given companies is through the sale of the units.
2. All the points given in the graph above are mul ples of 5%.

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1. If the total revenue of company G in the year 2017 was Rs. 24,357 crore and company E sold 4615 crore units in 2017, then which of the following was closest to the selling price per unit for company E in 2016?
  • Rs. 1.9
  • Rs. 2.03
  • Rs. 1.6
  • Rs. 1.4
Explanation:image image, hence 3

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2. What was the sum of the revenues of all the given companies in 2016? (use data from the previous question).
  • Rs. 83861 crore
  • Rs. 163520 crore
  • Rs. 113202 crore
  • Rs. 198350 crore
Because the options are reasonably far, we can use approximation as follows:image Since all the companies registered increase in revenue in 2017 over 2016, the sum of the revenues of all the given companies in 2016 was necessarily lower than Rs.162380 crores. Therefore, options [2] and [4] are eliminated. We can get rough idea about the total increase in the revenue of the given companies in 2017 over 2016 using the concept of weighted average as follows: 0.20 × 30 + 0.10 × 40 + 0.05 × 60 + 0.20 × 40 + 0.05 × 40 + 0.10 × 50 + 0.15 × 70 + 0.15 × 40 = 44.5%. Option [1] is 83861 crores. In this option is correct, we will need a total percentage increase of close to 100% to get total revenue of 162380 crores in 2017. Therefore this option is eliminated. Option [3] is 113202 crores.image

Please ensure your answer is entered accurately. Double-check your work.

3. If the selling price per unit of H had been Rs. 1.5 in 2016 and quantity sold by H in 2017 had been 4750 crore units then, which of the following is closest to the revenue of H in 2017?
  • Rs. 4750 crore
  • Rs. 5250 crore
  • Rs. 3650 crore
  • Rs. 5450 crore
We tabulate the data as shown:image Quantity sold by H in 2017 = 4750 crores unitsimage Now, Revenue earned by H in 2016 = 1.5 × 2500 = Rs. 3750 crores ∴ Market share of H in 2017 = 3750 crores × 1.4 = Rs. 5250 crores. Hence, [2].

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4. Which of the following is closest to the selling price (in Rs.) per unit of item sold by B in 2016? (Refer to data from the previous question)
  • 1.20
  • 1.30
  • 1.40
  • Data insufficient
We tabulate the data as shown:image We need to know the number of units sold by B to find the selling price per unit sold by B. Hence, [4].
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