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The following table provides the details of monthly sales (in lakhs of rupees) and the value of products returned by the customers (as a percentage of sales) of an e-commerce company for three…

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The following table provides the details of monthly sales (in lakhs of rupees) and the value of products returned by the customers (as a percentage of sales) of an e-commerce company for three product categories for the year 2024. Net sales (in lakhs of rupees) is defined as the difference between sales (in lakhs of rupees) and the value of products returned (in lakhs of rupees).

MonthSales (in lakhs of rupees)Value of products returned (as a percentage of sales)
ApparelFootwearElectronicsApparelFootwearElectronics
January26210428913%7%2%
February27911338716%9%3%
March23612128320%7%2%
April2585832516%8%1%
May2496935912%6%4%
June23011132119%5%3%
July24411934117%9%4%
August2526033616%6%2%
September28811835510%9%5%
October22210838315%8%2%
November2289328214%9%4%
December2218626818%10%1%


By what percentage the net sales for June increased as compared to May in the Footwear category?
  1. 62.58 percent
  2. 7.21 percent
  3. 18.97 percent
  4. 60.87 percent

Answer and explanation

Correct answer: A - 62.58 percent
Footwear net sales: May = 69 x 0.94 = 64.86; June = 111 x 0.95 = 105.45. Increase = 40.59/64.86 = 62.58 percent. (60.87% is the gross sales increase, ignoring returns.)

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  • IPMAT Indore

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