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Instructions
Study the following graph carefully and answer the questions given below it :
Account of income and expenditure (in crores) of seven companies in the year 2007
Question 160
What is the approximate percentage of profit earned by all the Companies together in 2007 ?
Solution
Total income of all the companies in 2007 = 37.5 + 42.5 + 35 + 50 + 40 + 32.5 + 50 = 287.5
Total expenditure of all the companies in 2007 = 27.5 + 32.5 + 45 + 40 + 45 + 25 + 45 = 260
=> Profit % = $$\frac{Income - Expenditure}{Expenditure} * 100$$
= $$\frac{287.5 - 260}{260} * 100$$ = 10.5%
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