WHAT IS THE REVENUE OF CAR ABC SOLD IN MUMBAI IN LAST YEAR?

1. Population of Mumbai: Approximately 120 million

2. Earning population of Mumbai: 66.66% of total population
3. Percentage of population that drives: 70%
4. Households having bike instead of cars: 40%
5. 20% of the cars purchased every year are of ABC
6. Replacement rate: every 6 years
7. Average cars per household : 1
8. Percentage of people living in areas where ABC is available on sale: 50%
9. Average price of the car: Rs10,00,000
10. Average household : 2 people
11. Number of cars driving on roads per day: 5000000
12. Households having no car: 60%

Ans: Revenue of cars= (((120million/2)*(1-0.6)*1)/6)*0.2*1000000= 800,000million

What is the Annual Income of a pick pocketer working near Guwahati Airport?
1. Average value of mobile: Rs 10500
2. Number of flights arriving on Guwahati airport = 10/hr
3. Average number of people in one flight=150/flight
4. Around 40% of his earnings comes in morning hours
5. Total number of pockets picked: Weekdays: 1 per 2 hours in high traffic hours ; 1 per 4
hours in low traffic
6. Number of pick-pocketers working near that area are five
7. He takes one day off on a weekday
8. 90% pockets picked have cash and 10% mobile
9. On an average he works for 40 weeks per year
10. Total number of pockets picked: Weekdays: Weekends: 1 per 2 hours in low traffic; 1
per hour in high traffic hours
11. Average value of cash: Rs500
12. Working hours of the pick pocketer: 8 hrs.
13. He spends equal amount of time in peak hours and non-peak hours
14. All the pick-pocketers distribute their earnings equally
15. Average number of people visiting Guwahati airport is 1500/hr

Answer:

Number of pockets picked: (3*4+6*2)=20.

Value of pockets: 18*500+2*10500=30000/week
Each pockter gets: 30000/5=6000/week
Total money for entire year= 6000*40=240000/year