Instructions

Study the following graph carefully to answer the question that follow:
Percent profit made by two companies over the years
$$Per cent Profit =\frac{Income-Expenditure}{Expenditure}\times100$$

Question 127

If the amount of profit earned by Company A in the year 2007 was Rs 1.5 lakhs what was its expenditure in that year ?

Solution

Expenditure = (profit / profit %) * 100 (Since, profit = inc - exp)

=> exp = (1,50,000/40)*100 = 3,75,000

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If the amount of profit earned by Company A in the year 2007 was Rs 1.5 lakhs what was its expenditure in that year ?

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