A pharmaceutical company received Rs. 3 milli | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(D) The ratio of royalties to sales for the first $Rs. 20$ million in sales is $\frac{3}{20} = 0.15$.The ratio of royalties to sales for the next $Rs.

Vedclass · Accepted Answer

$44.44$

Vedclass · Answer

(D) The ratio of royalties to sales for the first $Rs. 20$ million in sales is $\frac{3}{20} = 0.15$.The ratio of royalties to sales for the next $Rs. 108$ million in sales is $\frac{9}{108} = \frac{1}{12} \approx 0.0833$.The decrease in the ratio is $\frac{3}{20} - \frac{1}{12} = \frac{9 - 5}{60} = \frac{4}{60} = \frac{1}{15}$.The percent decrease is calculated by dividing the decrease by the original ratio and multiplying by $100$:$	ext{Percent decrease} = \left( \frac{\frac{1}{15}}{\frac{3}{20}} ight) 	imes 100 = \left( \frac{1}{15} 	imes \frac{20}{3} ight) 	imes 100 = \frac{20}{45} 	imes 100 = \frac{4}{9} 	imes 100 \approx 44.44 \%$.

Similar Questions

If $35 \%$ of $A$'s income is equal to $25 \%$ of $B$'s income,then the ratio of $A$'s income to $B$'s income is

Two-fifths of one-third of three-seventh of a number is $15$. What is $40$ per cent of that number?

If a number is $20 \%$ more than the other,how much per cent is the second number less than the first?

In an examination,$70 \%$ of the candidates passed in English,$80 \%$ passed in Mathematics,and $10 \%$ failed in both subjects. If $144$ candidates passed in both,the total number of candidates was:

Amit's monthly income is $30 \%$ more than that of Raunaq. Raunaq's monthly income is $20 \%$ less than that of Deepak. If the difference between the monthly incomes of Amit and Deepak is ₹ $800$,what is the monthly income of Raunaq?

Vedclass Test Series

Exam Paper Generator

Online Exam Module