1.

The net sales of an organization in year 2013 is ‘X’. Net sales decrease by 20% in 2014 and increase by 40% in 2015 as compared to the sales in previous years. If the variation in sales in 2016 is equal to the average variation in 2014 and 2015, then find the sales in 2016 in terms of X.1). 1.06X2). 1.12X3). 1.18X4). X

Answer»

NET sales in 2013 = X

Net sales in 2014 = 20% less than sales in 2013 = 0.8 × X

Variation in 2014 = Net sales in 2014 – Net sales in 2013 = -0.2 × X

Net sales in 2015 = 40% more than sales in 2014 = 1.4 × 0.8 × X = 1.12 × X

Variation in 2015 = Net sales in 2015 – Net sales in 2014 = 1.12X – 0.8X = 0.32X

Variation in 2016 = (Variation in 2014 + Variation in 2015)/2 = (-0.2X + 0.32X)/2 = 0.12X/2 = 0.06X

Net sales in 2016 = Net sales in 2015 + Variation in 2016 = 1.12X + 0.06X = 1.18X


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