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

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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.

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