TVs and VCRs
(CAT 1990)
A dealer deals only in colour TVs and VCRs. He wants to spend up to Rs.12 lakhs to buy 100 pieces. He can purchase a colour TV at Rs.10,000 and a VCR at Rs.15,000. He can sell a colour TV at Rs.12,000 and a VCR at Rs.17,500. His objective is to maximize profits. Assume that he can sell all the items that he stocks.
1. For the maximum profit, the number of colour TVs and VCRs that he should respectively stock are
(a) 80, 20
(b) 20, 80
(c) 60, 40
(d) None of these
2. If the dealer would have managed to get an additional space to stock 20 more items, then for maximizing profit, the ratio of number of VCRs and number of TVs that he should stock is
(a) 7 : 3
(b) 0
(c) 1 : 2
(d) None of these
3. The maximum profit, in rupees lakh, the dealer can earn from his original stock if he can sell a colour TV at Rs. 12200 and VCR at Rs.18300 is
(a) 2.64
(b) 2.49
(c) 2.72
(d) 2.87
For the answers click here.
A dealer deals only in colour TVs and VCRs. He wants to spend up to Rs.12 lakhs to buy 100 pieces. He can purchase a colour TV at Rs.10,000 and a VCR at Rs.15,000. He can sell a colour TV at Rs.12,000 and a VCR at Rs.17,500. His objective is to maximize profits. Assume that he can sell all the items that he stocks.
1. For the maximum profit, the number of colour TVs and VCRs that he should respectively stock are
(a) 80, 20
(b) 20, 80
(c) 60, 40
(d) None of these
2. If the dealer would have managed to get an additional space to stock 20 more items, then for maximizing profit, the ratio of number of VCRs and number of TVs that he should stock is
(a) 7 : 3
(b) 0
(c) 1 : 2
(d) None of these
3. The maximum profit, in rupees lakh, the dealer can earn from his original stock if he can sell a colour TV at Rs. 12200 and VCR at Rs.18300 is
(a) 2.64
(b) 2.49
(c) 2.72
(d) 2.87
For the answers click here.
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