IPMAT Indore 2025 · Quantitative Ability · Question 43
IPMAT Indore 2025 previous year question on Tables, with the answer and a step-by-step solution.
Set 2: E-commerce monthly sales and returns, 2024 — this question belongs to a set. Read the full set with all 5 questions →
The table given below 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).
Month | Sales: Apparel | Sales: Footwear | Sales: Electronics | Returned %: Apparel | Returned %: Footwear | Returned %: Electronics |
|---|---|---|---|---|---|---|
January | 262 | 104 | 289 | 13% | 7% | 2% |
February | 279 | 113 | 387 | 16% | 9% | 3% |
March | 236 | 121 | 283 | 20% | 7% | 2% |
April | 258 | 58 | 325 | 16% | 8% | 1% |
May | 249 | 69 | 359 | 12% | 6% | 4% |
June | 230 | 111 | 321 | 19% | 5% | 3% |
July | 244 | 119 | 341 | 17% | 9% | 4% |
August | 252 | 60 | 336 | 16% | 6% | 2% |
September | 288 | 118 | 355 | 10% | 9% | 5% |
October | 222 | 108 | 383 | 15% | 8% | 2% |
November | 228 | 93 | 282 | 14% | 9% | 4% |
December | 221 | 86 | 268 | 18% | 10% | 1% |
- A62.58 percent
- B7.21 percent
- C18.97 percent
- D60.87 percent
Answer & solution
Answer: Option A
Step 1 — recall the definition given in the set.
\text{Net sales}=\text{Sales}-\text{Value returned}=\text{Sales}\times \left( 1-\text{return rate}\right)
Step 2 — May, Footwear. Sales 69, returns 6%:
69\times 0.94=64.86
Step 3 — June, Footwear. Sales 111, returns 5%:
111\times 0.95=105.45
Step 4 — percentage increase.
\frac{105.45-64.86}{64.86}\times 100=\frac{40.59}{64.86}\times 100\approx 62.58\%
Watch the trap: option 4 (60.87%) is the rise in gross sales alone (\frac{111-69}{69}). The question asks about net sales, so the return rates must be applied first.
Answer: Option 1 — 62.58 percent
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