Instructions
Study the following graph carefully and answer the questions given below it.
Net Profit Percentage of the two Companies over the years?
Question 119
If the total expenditure of company B in 1994 was Rs.200 crore ,what was the total income ?
Solution
Total expenditure of company B in 1994 = Rs.200 crore
Profit % of company B in 1994 = 40%
Let total income = $$Rs. x$$ crore
=> Profit % = $$\frac{Income - Expenditure}{Expenditure} \times 100$$
=> $$\frac{x - 200}{200} \times 100 = 40$$
=> $$\frac{x - 200}{2} = 40$$
=> $$x - 200 = 40 \times 2 = 80$$
=> $$x = 80 + 200 = 280$$ crore
=> Ans - (E)
Get AI Help
Create a FREE account and get:
- Banking Quant Shortcuts PDF
- Free Banking Study Material - (15000 Questions)
- 135+ Banking previous papers with solutions PDF
- 100+ Online Tests for Free
