Manufacturing of a product in 2018 is increased by 20% than previous year while its selling is decreased by 8% from the previous year. If unsold products in 2018 is 414 more than that in 2017 and only 5% of manufactured products in 2017 remains unsold, then how many products are sold in 2018?
Manufacturing of a product in 2018 is increased by 20% than previous year while its selling is decreased by 8% from the previous year. If unsold products in 2018 is 414 more than that in 2017 and only 5% of manufactured products in 2017 remains unsold, then how many products are sold in 2018? Correct Answer 1311
Let the manufactured product in 2017 and 2018 is ‘100x’ and ‘120x’ respectively.
Sold products in 2017 = 95% of 100x = 95x
Unsold products in 2017 = 100x – 95x = 5x
Sold products in 2018 = 92% of 95x = 87.4x
Unsold products in 2018 = 120x – 87.4x = 32.6x
According to the question ∶
32.6x – 5x = 414
x = 15
Sold products in 2018 = 87.4x = 1311
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Feb 20, 2025