Question

Difficulty: MediumTables and Data Grids

The table below presents the freshwater fish production and pricing metrics across four regional inland lake zones managed by the State Fisheries Development Board for the year 2025:

Lake ZoneTotal Catch (in Tonnes)Export Grade Share (%)Local Market Price (in ₹ per kg)Export Market Price (in ₹ per kg)
Lake Alpha40030%150350
Lake Beta50040%160400
Lake Gamma35020%140300
Lake Delta60025%180420

Note: 1 Tonne=1,000 kg1\text{ Tonne} = 1,000\text{ kg} and 1 Lakh=100,0001\text{ Lakh} = 100,000.

Based on the table, calculate the total revenue (in ₹ Lakhs) generated by Lake Beta from both local and export market sales combined.

Answer: 1280 ₹ Lakhs

Answer

The total revenue generated by Lake Beta from local and export market sales combined is ₹1,280 Lakhs.
Lake Beta produces 500 tonnes=500,000 kg500\text{ tonnes} = 500,000\text{ kg} of fish. 40%40\% of this (200,000 kg200,000\text{ kg}) is exported at ₹400/kg400/\text{kg}, yielding ₹800 Lakhs800\text{ Lakhs}. The remaining 60%60\% (300,000 kg300,000\text{ kg}) is sold locally at ₹160/kg160/\text{kg}, yielding ₹480 Lakhs480\text{ Lakhs}. Combining both gives ₹1,280 Lakhs1,280\text{ Lakhs}.

Step-by-Step Solution

1
Convert the total catch of Lake Beta to kilograms.
500 tonnes=500,000 kg500\text{ tonnes} = 500,000\text{ kg}.
Prices are given per kilogram, so total mass must be in kilograms.
2
Partition the total catch into export grade and local market quantities.
Export quantity = 40%×500,000=200,000 kg40\% \times 500,000 = 200,000\text{ kg}; Local quantity = 60%×500,000=300,000 kg60\% \times 500,000 = 300,000\text{ kg}.
Different market prices apply to export grade vs local grade catch.
3
Calculate monetary revenue for each grade and find their sum in ₹ Lakhs.
Export revenue = 200,000×400=80,000,000=800 Lakhs200,000 \times 400 = ₹80,000,000 = ₹800\text{ Lakhs}; Local revenue = 300,000×160=48,000,000=480 Lakhs300,000 \times 160 = ₹48,000,000 = ₹480\text{ Lakhs}; Total = 800+480=1,280 Lakhs800 + 480 = ₹1,280\text{ Lakhs}.
Summing both revenue streams gives the total earnings for Lake Beta.

Key Concept

Weighted revenue calculation from multi-column tabular data
Estimated Time:1m 30s
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