Instructions

Given here is information on total sales amounting to ₹400 million, total expenditure of ₹ 360 million and equity for the four consecutive years from 2020 to 2023. Profit is the positive difference between sales and expenditure.

Based on the given information, answer the questions that follow.

Question 42

The average annual profit for the given period is:

Solution

First, let's create a table with the sales, expenditures, and profits values for each year.

The pie chart shows that 20% of the sales in 2020 were from the US, or 20% of 400 is 80 million.

Similarly, calculating for the other years and calculating, we get the following table:

image

The average profit for the 4 years = (8 + 6 + 10 + 16)/4 = 10.

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