Instructions
Study the graph carefully to answer the questions that follow:
Per cent profit made by two companies over the years
Per cent profit=$$\frac{Income-Expenditure}{Expenditure}\times 100$$
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
Amount of Profit = Income - Expenditure = 1.5 lakhs
Percentage of profit = 40%
1.5/x = 0.4
x = 3.75
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
