Instructions

Study the following graph carefully and answer the questions given below it.

Percent profit earned by three companies
A, B and C over the years 1994 to 2000
(Profit = Income - Expenditure)

Question 133

Income of Company ‘C’ in 1999 was Rs. 1,68,000. What was the expenditure in that year ?

Solution

Profit = Income - Expenditure

So, % profit = 100 * (Income - Expenditure)/Expenditure

Substituting in the equation,

.60 = (1,68,000 - expenditure )/expenditure

So, expenditure = 1,68,000/1.6 = 105000

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