A cosmetic shop has different brands of cosmetics and ingredients. 50% of the shop's sales are made from hair material. 40% of sales are from personal hygiene products. The store sales average Rs.15,00,000 every quarter. What is the average monthly sales per store for personal hygiene products?
A cosmetic shop has different brands of cosmetics and ingredients. 50% of the shop's sales are made from hair material. 40% of sales are from personal hygiene products. The store sales average Rs.15,00,000 every quarter. What is the average monthly sales per store for personal hygiene products? Correct Answer Rs. 2,00,000
Given:
50% of the shop's sales are made from hair material.
40% of sales are from personal hygiene products.
The store sales average Rs.15,00,000 every quarter.
Concept Used:
Quarter = 1/4× 12 months
⇒ 1/4 × 12 = 3 months
Calculation:
for 3 months,
profit = 15,00,000
⇒ for 1 month,
profit = 15,00,000/3
⇒ for 1 month,
profit = 5,00,000
Now,
40% of sales are from personal hygiene products
⇒ 40/100 × total 1 month profit
⇒ 40/100 × 5,00,000
⇒ 2/5 × 5,00,000
⇒ 2,00,000
average monthly sales per store,
for hygiene products =Rs. 2,00,000