Instructions
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Study the graph and answer the given questions:
Percentage profit earned by two companies A and B during 2013 to 2018
Question 49
If the income of company B in 2015 was ₹108.8 crores, then what was its expenditure (in ₹ crores) in the same year?
Solution
Profit % = $$\frac{Income\ -\ Expenditure}{Expenditure}\times\ 100$$
Income is given to us as 108.8 Cr. and Profit % of Company B in 2015 = 70%.
This gives the Expenditure = 64 Cr.
