A shopkeeper has different varieties of coffee brands. 55% of the store's sales come from selling the 'Espresso' variety of beans. The remaining 45% comes from selling other brands of beans and powders. In each month, the average sales of the store is Rs. 60,000 is. What are the annual sales from 'Espresso' beans?

A shopkeeper has different varieties of coffee brands. 55% of the store's sales come from selling the 'Espresso' variety of beans. The remaining 45% comes from selling other brands of beans and powders. In each month, the average sales of the store is Rs. 60,000 is. What are the annual sales from 'Espresso' beans? Correct Answer <span style="">Rs. </span>3,96,000

Given:

55% of the store's sales come from selling the 'Espresso' variety of beans.

In each month, the average sales of the store are Rs. 60,000.

Calculation:

So, the sales of Espresso beans average monthly = 60000 × 55% = Rs. 33000

Now, the annual sales of Espresso beans = 33000 × 12  = Rs. 3,96,000

∴ The annual sales from 'Espresso' beans are Rs. 3,96,000.

Related Questions

The following are the criteria set by a Retail outlet for the selection of candidates for the post of Store In charge in a reputed mall. 1. The candidate must be a graduate in any stream with minimum of 50% marks. 2. The candidate must have Minimum of 5 years of Sales experience in Retail. 3. The age of the candidate should not be less than 25 years and more than 34 years as on 1st October, 2019. (a) If a candidate satisfies all the criteria except 2 as given above but has an MBA degree and has minimum of 2 years of work experience in sales, she/he must be sent to the General Manager, Recruitment for further interview. (b) If a candidate satisfies all the criteria except 3, but has more than 5 years experience as a Group Manager and above in Sales managing a team of sales executives, then she/he must be sent to the Regional Manager, Sales & Marketing, for further interview Based on the above criteria and conditions, analyze and decide which of the following course of action should be taken for the candidate whose description is provided below. Please note that you are not to assume anything other than the given information. Sujoy is a graduate with 55% marks and MBA through Correspondence. He was born on Sept 20, 1990. He has 1 year of work experience as a sales executive and 2 years of experience as a Group Manager, Sales. On the basis of the information as given above, which of the following decisions would be appropriate
The question given below consists of a statement, followed by three arguments numbered I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments and which is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: As a trade war looms, one of Chinese President Xi Jinping’s biggest weapons could be boycotts of American brands by his country’s legion of consumers. But Xi would also be risking collateral damage at home, The China operations of all-American brands ranging from Coca-Cola Co. and McDonald’s Corp. to Walt Disney Co. are co-owned by state-backed Chinese firms.  Which among the following arguments support the above statement in the best possible manner? Arguments: I. One of Coke’s main China partners is government-backed COFCO Corp., Shanghai Disneyland is part owned by a local consortium, and McDonald’s franchisee in the country is controlled by state-backed conglomerate Citic Ltd. and private-equity firm Citic Capital Holdings.  II. Even when Chinese companies don’t have direct ownership links with U.S. brands, boycotts or other non-tariff retaliation would hit the local partners of those American companies. III. The number of big clean wins in terms of striking against the other guy (American brands) - without accidentally punching your own guy (Chinese firms) in the face - is extremely large.