Question 73

Refer the below data table and answer the following Question.

What was the revenue of the company if its expenditure was Rs.275 crore in the year when its % profit was the least ?

Solution

Profit % was least in 2013 = 10%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 275 crore

=> Profit % = $$\frac{x - 275}{275} \times 100 = 10$$

=> $$\frac{x - 275}{275} = \frac{10}{100} = \frac{1}{10}$$

=> $$x - 275 = \frac{275}{10} = 27.5$$

=> $$x = 275 + 27.5 = 302.5$$

$$\therefore$$ Revenue of the company = Rs. 302.5 crore

=> Ans - (C)

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