Question 73

Refer the below data table and answer the following Question.

What was the revenue of the company if its expenditure was Rs 425 crore in the year when its % profit was the least?

Solution

Profit % was least in 2012 = 10%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 425 crore

=> Profit % = $$\frac{x - 425}{425} \times 100 = 10$$

=> $$\frac{x - 425}{425} = \frac{10}{100} = \frac{1}{10}$$

=> $$x - 425 = \frac{425}{10} = 42.5$$

=> $$x = 425 + 42.5 = 467.5$$ crore

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