Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Instructions
Study the following graph carefully to answer these question .
per cent profit earned by two companies producing electronic goods over the years
% $$profit = \frac{profit Earned}{Total Investment}\times100$$
profit Earned=Total Income-Total Investment in the year
Question 131
If the amount invested by company B in 2004 is rs 12 lakh and the income of 2004 is equal to the investment in 2005,what is the amount of profit earned in 2005 by company B ?
Solution
Income in 2004 = 12+.55*12=18.6 lakhs
Investment in 2005 = 18.6
Profit earned in 2005 = 18.6*0.55=10.23 lakhs
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
