A battery manufacturer manufactures five different types of batteries. The total revenue for the year 2020 is 25,00,000 and 20,000 units were exported in 2020. The distribution of revenue and units for the five different types of batteries is shown in the charts.
Which type of battery provides the highest revenue per unit of export?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. Sodium.
Total Revenue in 2020 = ₹25,00,000
Total Units Exported in 2020 = 20,000 units
The number of units sold for each battery type:
Li-ion = 30% of 20,000 = 6,000 units
Sodium = 2% of 20,000 = 400 units
M-air = 20% of 20,000 = 4,000 units
Lead acid = 35% of 20,000 = 7,000 units
S-capacitor = 13% of 20,000 = 2,600 units
The revenue for each battery type:
Li-ion = 15% of ₹25,00,000 = ₹3,75,000
Sodium = 5% of ₹25,00,000 = ₹1,25,000
M-air = 20% of ₹25,00,000 = ₹5,00,000
Lead acid = 35% of ₹25,00,000 = ₹8,75,000
S-capacitor = 25% of ₹25,00,000 = ₹6,25,000
Revenue per unit for each battery type:
Li-ion = ₹3,75,000/6,000 = ₹62.5/unit
Sodium = ₹1,25,000/400 = ₹312.5/unit (Highest)
M-air = ₹5,00,000/4,000 = ₹125/unit
Lead acid = ₹8,75,000/7,000 = ₹125/unit
S-capacitor = ₹6,25,000/2,600 = ₹240.38/unit (approximately)
Therefore, the Sodium battery has the highest revenue per unit.