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Instructions
Study the following graph carefully to answer the questions.
Percent Profit Earned by Two Companies Producing Electronic Goods over the Years
percent profit =$$\frac{Profit Earned}{Total Investment}\times100$$
Profit Earned = Total Income - Total Investment in the year
Question 176
If the profit earned in 2006 by Company B was Rs. 8,12,500/-. what was the total income of the Company in that year?
Solution
Investment by B in 2006 = 100* Profit earned /percent profit = 100 * 8,12,500/65 = 12.5 lakhs
Total income = Profit + investment = 20.625 lakhs
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