Instructions

These questions are based on the graph given below :
Per cent-Pro t earned by six companies during 2000 and 2001

Question 125

The income of company D in year 2000 was Rs. 31 lakhs, what was the earned profit ?

Solution

Profit % earned by D in 2000 = 55 %

Income of company D in year 2000 = Rs. 31 lakhs

Let expenditure of the company = Rs. $$x$$ lakhs

=> $$\frac{31 - x}{x} \times 100 = 55$$

=> $$3100 - 100x = 55x$$

=> $$100x + 55x = 155x = 3100$$

=> $$x = \frac{3100}{155} = 20$$ lakhs

$$\therefore$$ Profit earned = $$31 - 20 = 11$$ lakhs

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