Question 73

Refer the below data table and answer the following Question.

What was the Revenue of the company if its Expenditure was Rs 475 crore in the year when its % profit was the least?

Solution

Profit % was least in 2015 = 10%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 475 crore

=> Profit % = $$\frac{x - 475}{475} \times 100 = 10$$

=> $$\frac{x - 475}{475} = \frac{10}{100} = \frac{1}{10}$$

=> $$x - 475 = \frac{475}{10} = 47.5$$

=> $$x = 475 + 47.5 = 522.5$$ crore

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