Instructions

Study the following graph to answer the given question.

% Profit=$$\frac{Income - Expenditure}{Expenditure}\times100$$

 

Question 149

What was the difference in expenditure of the two companies in 1990-00 ?

Solution

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With just the percent profits,

we can't determine the difference between the expenditures of the two companies.

We also need the incomes of both the companies.

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