Indian Institute of Foreign Trade 2010 Solved Paper

Question : 56 of 135

Marks: +1, -0

Malling Enterprise exhausted all its points while redeeming three Nike Caps and an Umbrella, what is its brand building points?

Solution:

Total point earned by Malling Enterprise through sells alone

=15+(24000-23000)×0.25=265.

Points required to avail three Nike Caps and an Umbrella

=3×100+40=340

Hence, Malling Enterprise must have earned through brand building activities

=340-265=75.

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