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IPMAT Indore 2025 (MCQ) PYQs

IPMAT Indore 2025

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Tabular Data

Easy

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%

Among the following four months, for which month the value of the Footwear returned (in lakhs of rupees) was the highest?

Correct Option: 2
The value of products returned is given as a percentage of sales, so we need to calculate the actual value in lakhs of rupees using:
Value of products returned=Return percentage100×Sales\text{Value of products returned} = \dfrac{\text{Return percentage}}{100} \times \text{Sales}
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Month Calculation Value Returned (lakhs)
September 9100×118\frac{9}{100} \times 118 10.6210.62
July 9100×119\frac{9}{100} \times 119 10.7110.71
June 5100×111\frac{5}{100} \times 111 5.555.55
March 7100×121\frac{7}{100} \times 121 8.478.47
July has the highest value of products returned.
The value of returns depends on both the return percentage and the total sales volume.
July -> combines a high return percentage (9%) with substantial sales (119 lakhs), creating the largest absolute return amount.
September -> percentage is the same but the sales is lower.
June -> sales is around the same but percentage is almost half.
March -> percentage is 2% lower and sales are only 2 lakh more than July, which is 119 -> 121, it is definitely lower than 2 percent.

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