Question 52
The line chart given below shows the profit percentage of a company on 5 different products P1, P2, P3, P4 and P5.
The expenditure of product P5 is ₹ 46000. What is revenue of product P5?
Solution
Profit % = $$\dfrac{R-E}{E}\times100$$ where R = Revenue, E = Expenditure.
Given, E = Rs.46000 and Profit % = 8%
$$\dfrac{R-46000}{46000}\times100 = 8$$
=> $$\dfrac{R-46000}{460} = 8$$
=> $$R - 46000 = 3680$$
=> $$R = 49680$$
Therefore, Revenue = Rs.49680.
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