Directions for question :
The following line-graphs depict the number of Sales-Executives of the antiseptic division of M/s G D Pharmaceuticals of Kolkata (first graph), and the sales revenue (in crores of Rs) per Executive per year of their iconic product Boroline (second graph), from 2018 to 2022.
The total sales revenue in a year is equal to the product of the sales revenue per Executive per year to the number of Executives in the year.
Question:
M/s G D Pharmaceuticals targets to achieve a 64% higher total sales revenue from Boroline in the year 2023 compared to the previous year, but by increasing the Sales-Executive force by only 10% compared to the previous year. What would be the targeted sales revenue (in crores of Rs) per Executive per year of Boroline in 2023 ?
3.65
3.78
4.08
4.77
Total sales revenue from Boroline in the year 2022 = (3.2*190) = Rs 608 crores
Thus targeted total sales revenue from Boroline in the year 2023 = (608*164)/100 = Rs 997.12 crores
Total Sales-Executives in the year 2022 = 190
Targeted Sales-Executives in the year 2023 = (190*110)/100 = 209
Hence, the targeted sales revenue per Executive per year of Boroline in 2023 = (997.12/209) = Rs 4.77 crores.