Instructions
Study the given bar graph and answer the questions that follows.
Profit(loss)= Income = Expenditure
Percentage profit(loss) = $$\frac{Profit(loss)\times 100}{Expenditure}$$
Question 72
If the ratio of expenditures of the company 2018 and 2021 was 7 : 11 and the company
earns a profit of 18% in 2021, then what was the income (in ₹ crore) of the company in
2021?
Solution
Let us assume the expenditures in 2021 = X.
Now, 525 : X = 7:11. This gives X = 825.
Profit Percentage in 2021 = 18%.
The income for 2021 will be 1.18*825 = 973.5.
