Instructions

The graph given below gives the yearly details of money invested in producing a certain product over the years 1991 to 1995. It also gives the profit (in ‘000 rupees).

Question 16

What percentage of the costs did the profits form over the period?

Solution

Total Profit = 10 + 25 + 20 + 0 + 20 = 75

Total Cost = 170 + 175 + 195 + 200 + 210 = 950

% of Profit = $$\frac{75}{950}$$ = 8%

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What percentage of the costs did the profits form over the period?

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