A shaving set company sells 4 different types of razors, Elegance, Smooth, Soft and Executive. Elegance sells at Rs. 48, Smooth at Rs. 63, Soft at Rs. 78 and Executive at Rs. 173 per piece. The table below shows the numbers of each razor sold in each quarter of a year. Quarter/Product Elegance Smooth Soft Executive Q1 27300 20009 17602 9999 Q2 25222 19392 18445 8942 Q3 28976 22429 19544 10234 Q4 21012 18229 16595 10109 Which product contributes the greatest fraction to the revenue of the company in that year?

A shaving set company sells 4 different types of razors, Elegance, Smooth, Soft and Executive. Elegance sells at Rs. 48, Smooth at Rs. 63, Soft at Rs. 78 and Executive at Rs. 173 per piece. The table below shows the numbers of each razor sold in each quarter of a year. Quarter/Product Elegance Smooth Soft Executive Q1 27300 20009 17602 9999 Q2 25222 19392 18445 8942 Q3 28976 22429 19544 10234 Q4 21012 18229 16595 10109 Which product contributes the greatest fraction to the revenue of the company in that year? Correct Answer Executive

Elegance sells at Rs. 48, Smooth at Rs. 63, Soft at Rs. 78 and Executive at Rs. 173 per piece.

From the table,

Number of Elegance razor sold in a year = 27300 + 25222 + 28976 + 21012 = 102510

Number of Smooth razor sold in a year = 20009 + 19392 + 22429 + 18229 = 80059

Number of Soft razor sold in a year = 17602 + 18445 + 19544 + 16595 = 72186

Number of Executive razor sold in a year = 9999 + 8942 + 10234 + 10109 = 39284

Revenue earned by selling Elegance razor = 102510 × 48 = Rs. 4920480

Revenue earned by selling Smooth razor = 80059 × 63 = Rs. 5043717

Revenue earned by selling Soft razor = 72186 × 78 = Rs. 5630508

Revenue earned by selling Executive razor = Rs. 6796132

Thus, Executive razor contributes the greatest fraction to the revenue of the company in that year.

Related Questions

In each question below is given a statement numbered I, II and III. An assumption is something supposed or taken for granted. You have to consider the following assumption and decide which of the assumption is implicit in the statement. Statement: The June 2018 quarter results of Infosys reflect that the investors waiting for the company to perform as good, if not better, than its largest peer Tata Consultancy Services (TCS) may have to wait a little longer. Infosys, the country’s second-largest software exporter reported slower sequential growth in revenue and profit than TCS for the June quarter (Q1). It also lagged on the fronts of employee attrition and growth in the banking, financial services, and insurance (BFSI) vertical.  Assumptions: I. On the positive side, Infosys continued to add large clients – four in the above $100-million billing category compared with the previous quarter. It continued to retain guidance of 6-8% revenue growth for FY19 while retaining the operating margin band of 22-24%. II. In the near term, the stock performance of TCS is likely to overshadow Infosys given the difference in their growth trajectories. III. The growth momentum of Infosys has slowed relative to TCS. The year-on-year growth in trailing 12-month (TTM) revenue of Infosys in each of the four quarters up to the June 2018 quarter has lagged TCS after leading in the previous five quarters.