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
If each of the companies A and B invested rs 25 lakh in 2010 what was the average profit earned by the two companies ?
Solution
Profit earned by company A= .7*25= 17.5 Lakhs
Similarly, profit of company B= 22.5 Lakhs
Average profit = 20 Lakhs
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