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Question

Directions: Answer the questions based on the information given below.

Seller 'A' and seller 'B' sold a certain number of 'wooden' and 'plastic' toys. The selling price of each 'wooden' toy that is sold by seller 'A' is equal to the selling price of each 'wooden' toy that is sold by seller 'B'. The selling price of each 'plastic' toy that is sold by seller 'A' is equal to the selling price of each 'plastic' toy that is sold by seller 'B'. The total unit sale of 'plastic' toys to 'wooden' toys by seller 'A' is in the ratio of 3 : 8 respectively. The ratio of the total number of 'wooden' toys sold by seller 'A' to that by seller 'B' is in the ratio of 2 : 3 respectively. The total number of toys sold by seller 'B' is 100. The number of 'plastic' toys sold by seller 'B' is equal to the number of 'wooden' toys sold by seller 'A'. The selling price of each 'wooden' toy is double the selling price of each 'plastic' toy and it is applicable for both the given sellers.

If the selling price of each 'plastic toy that is sold by seller 'A' is 130 Rs., then find the total revenue generated by seller 'A' from selling all the 'wooden' toys together?

The correct answer is 10400 Rs.

Solving the Toy Sales Revenue Problem

Let's break down the information given in the problem step by step to find the total revenue generated by seller 'A' from selling 'wooden' toys.

Understanding the Given Information

  • Selling price (SP) of wooden toy (Seller A) = SP of wooden toy (Seller B). Let this be SP_W.
  • Selling price (SP) of plastic toy (Seller A) = SP of plastic toy (Seller B). Let this be SP_P.
  • SP_W = 2 * SP_P for both sellers.
  • SP_P sold by seller A = 130 Rs.
  • Ratio of total plastic toys to total wooden toys sold by seller 'A' is 3 : 8. So, PA : WA = 3 : 8, where PA is the number of plastic toys sold by A and WA is the number of wooden toys sold by A.
  • Ratio of total wooden toys sold by seller 'A' to seller 'B' is 2 : 3. So, WA : WB = 2 : 3, where WB is the number of wooden toys sold by B.
  • Total number of toys sold by seller 'B' is 100. So, WB + PB = 100, where PB is the number of plastic toys sold by B.
  • Number of plastic toys sold by seller 'B' is equal to the number of wooden toys sold by seller 'A'. So, PB = WA.

Calculating Selling Prices

We are given that the selling price of each plastic toy sold by seller 'A' is 130 Rs.

So, SP_P = 130 Rs.

We also know that the selling price of each wooden toy is double the selling price of each plastic toy.

SP_W = 2 * SP_P

SP_W = 2 * 130 Rs.

SP_W = 260 Rs.

Finding the Number of Toys Sold by Seller A

Let's use the ratios to find the number of toys. We have the following relationships:

  • PA : WA = 3 : 8
  • WA : WB = 2 : 3
  • PB = WA
  • WB + PB = 100

From PA : WA = 3 : 8, we can represent PA and WA in terms of a variable, say 'k'.

Let WA = 8k and PA = 3k.

Now, use the ratio WA : WB = 2 : 3.

Substitute WA = 8k:

8k : WB = 2 : 3

This means <div>$\frac{8k}{WB} = \frac{2}{3}$</div>

<div>$2 \times WB = 3 \times 8k$</div>

<div>$2 \times WB = 24k$</div>

<div>$WB = \frac{24k}{2} = 12k$</div>

So, WB = 12k.

Next, use the condition PB = WA.

Since WA = 8k, we have PB = 8k.

Finally, use the total number of toys sold by seller B: WB + PB = 100.

Substitute the expressions for WB and PB in terms of k:

12k + 8k = 100

20k = 100

<div>$k = \frac{100}{20} = 5$</div>

Now that we have the value of k, we can find the actual number of wooden toys sold by seller A (WA).

WA = 8k = 8 * 5 = 40

We can also find the other numbers for verification:

  • PA = 3k = 3 * 5 = 15
  • WB = 12k = 12 * 5 = 60
  • PB = 8k = 8 * 5 = 40

Checking B's total toys: WB + PB = 60 + 40 = 100. This matches the given information.

Calculating Total Revenue from Wooden Toys Sold by Seller A

The total revenue from wooden toys sold by seller A is the number of wooden toys sold by A multiplied by the selling price of each wooden toy.

Total Revenue (Wooden toys by A) = WA * SP_W

Total Revenue = 40 * 260 Rs.

Total Revenue = 10400 Rs.

Summary Table of Toy Sales and Prices

Seller Toy Type Number Sold Selling Price (Rs.) Revenue (Rs.)
A Wooden 40 (WA) 260 (SP_W) 40 * 260 = 10400
A Plastic 15 (PA) 130 (SP_P) 15 * 130 = 1950
B Wooden 60 (WB) 260 (SP_W) 60 * 260 = 15600
B Plastic 40 (PB) 130 (SP_P) 40 * 130 = 5200

The total revenue generated by seller 'A' from selling all the 'wooden' toys together is 10400 Rs.

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Important Questions from Caselet DI

  1. What is the ratio between the number of unemployed males present at the festival to the number of female engineers present at the festival?

  2. Female teachers present at the festival is what percentage more or less than the number of female doctors present at the festival?

  3. What is the difference between the number of male doctors and the number of male unemployed together and the number of female unemployed and female doctors together?

  4. The number of 'plastic' toys sold by seller 'B' is what percent more/less than the number of 'wooden' toys sold by seller 'A'?

  5. If 0.25x ml of the initial mixture is sold and 0.75x ml pure milk and 0.05x ml water is added to the vessel then find the final total quantity of the resultant mixture in the given vessel?

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