Instructions
The revenue and the operating expenses as a percentage of revenue of five companies - A, B, C, D and E is given in the following table. (The revenue is given in crores)
Profit = Revenue - operating expenses.
Solution
From the given table,
Revenue of A = 120 crores
Operating expenses = 70% of 120 = 84 crores
Profit = 120 - 84 = 36 crores
Similarly, calculating and tabulating the values for other companies,
Average profit of companies A and E = 48/2 = 24 crores
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