Question 48

Read the below data table and answer the following question

What was the revenue of the company if its expenditure was rupees 225 crore in the year when it % profit was the least ?

Solution

Profit % was least in 2011 = 10%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 225 crore

=> Profit % = $$\frac{x - 225}{225} \times 100 = 10$$

=> $$\frac{x - 225}{225} = \frac{10}{100} = \frac{1}{10}$$

=> $$x - 225 = \frac{225}{10} = 22.5$$

=> $$x = 225 + 22.5 = 247.5$$ crore

=> Ans - (B)

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