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Mathematics Preparation for SAT

Shared from Profit and Loss on May 23, 2018 11:46 PM

Directions: Read the following information and answer the question that follows.

Manu opened an internet café on 1st Jan 2003. He invested in 12 computers @ Rs. 25,000 per computer. He also invested in the other infrastructure of the centre a sum of Rs. 1.5 lakh. He charges Rs. 40 per hour from his customers. The depreciation on computers is 20% annually and depreciation on infrastructure is 25% annually. He has to pay a fixed rental of Rs. 7,000 per month and assistant`s salary of Rs. 3,000 per month. Assume a computer works for 12 hours in a day.

Assuming a uniform 80% occupancy rate for the month of April 2003, find his profit or loss for the month.

 
Rs. 120,115
Rs. 112,115
Rs. 105,895
Rs. 90,525

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How come revenue is 12. it is wrongly solved. It should be 15240