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LIC AAO Model Paper 10

Directions (55 - 59): Study the following table and carefully answer the given questions

Revenue data of Magazine Z during 5 months

Months	Gross Revenue (in Rs.)	Amount allocated for commission (in Rs.)	Amount allocated for discount and others (in Rs.)	Net Revenue (in Rs.)
March	3,60,000	31,200	-	-
April	3,20,000	28,000	16,000	-
May	-	-	36,000	3,36,000
June	-	42,000	30,000	3,36,000
July	-	40,000	28,000	3,62,000

Note :

(1) Net Revenue = Gross Revenue - Amount Allocated for commission - Amount allocated for discount and others

(ii) Few values are missing in the table (indicated by -). A candidate is expected to calculate the missing value, if it is required to answer the given question, on the basis of the given data and the information.

Question : 55 of 160

Marks: +1, -0

In July, if 40% of the gross revenue of the Magazine was collected from Advertisement, what was the amount of gross revenue collected from advertisement in that particular month ?

Rs. 1,48,000
Rs. 1,64,000
Rs. 1,44,000
Rs. 1,72,000
Rs. 1,56,000

Validate

Solution:

Gross revenue received in July = Rs. (362000 + 28000 + 40000)

= Rs. 430000

∴ Revenue received from advertisement =

\frac{460000 \times 40}{100}

= Rs. 172000

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