Instructions
Study the given graph and answer the questions that follow.
$$Percent profit = \frac{Income - Expenditure}{Expenditure} \times 100$$
Profit = Income - Expenditure
Question 50
If the income of company B in 2016 was ₹420 crores, then its profit in (in ₹crores) in that year was:
Solution
Profit Percentage of Company B in 2016 = 40%
$$\frac{420\ -\ E}{E}\times\ 100\ =\ 40$$ where E is the expenditure of Company B in 2016.
This gives E = 300 and Profit = Income - E ==> 420 - 300 = 120.
