Question 73

Read the below data table and answer the following questions

What was the revenue of the company if its expenditure was Rs 450 crore in the year when its % profit was the least

Solution

Profit % was least in 2011 = 5%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 450 crore

=> Profit % = $$\frac{x - 450}{450} \times 100 = 5$$

=> $$\frac{x - 450}{450} = \frac{5}{100} = \frac{1}{20}$$

=> $$x - 450 = \frac{450}{20} = 22.5$$

=> $$x = 450 + 22.5 = 472.5$$ crore

=> Ans - (A)

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