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IPMAT Indore 2025 (MCQ) PYQs

IPMAT Indore 2025

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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).
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Month Sales (in lakhs of rupees) Value of products returned (as a percentage of sales)
Apparel Footwear Electronics Apparel Footwear Electronics
January26210428913%7%2%
February27911338716%9%3%
March23612128320%7%2%
April2585832516%8%1%
May2496935912%6%4%
June23011132119%5%3%
July24411934117%9%4%
August2526033616%6%2%
September28811835510%9%5%
October22210838315%8%2%
November2289328214%9%4%
December2218626818%10%1%

By what percentage the net sales for June increased as compared to May in the Footwear category?

Correct Option: 1
Net Sales=SalesValue of Products Returned\text{Net Sales} = \text{Sales} - \text{Value of Products Returned}
The value of products returned is given as a percentage of sales, so we need to convert this to actual rupees first.
For May in the Footwear category:
Sales =69= 69 lakhs
Return percentage =6%= 6\% of sales
Value of products returned =6100×69=4.14=\dfrac{6}{100} \times 69 = 4.14 lakhs
Net sales for May =694.14=64.86=69 - 4.14 = 64.86 lakhs
For June in the Footwear category:
Sales =111= 111 lakhs
Return percentage =5%= 5\% of sales
Value of products returned =5100×111=5.55=\dfrac{5}{100} \times 111 = 5.55 lakhs
Net sales for June =1115.55=105.45=111 - 5.55 = 105.45 lakhs
To find the percentage increase from May to June:
=June net salesMay net salesMay net sales×100%= \dfrac{\text{June net sales} - \text{May net sales}}{\text{May net sales}} \times 100\%
=105.4564.8664.86×100%= \dfrac{105.45 - 64.86}{64.86} \times 100\%
=40.5964.86×100%= \dfrac{40.59}{64.86} \times 100\%
=62.58%= 62.58\%

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