Question 98

Read the data and answer the given data ?

What was the revenue of the company if its expenditure was Rs 525 crore in the year when its % profit was the least?

Solution

Profit % was least in 2012 = 5%

Let revenue = Rs. $$x$$ crore and expenditure = Rs. 525 crore

=> Profit % = $$\frac{x - 525}{525} \times 100 = 5$$

=> $$\frac{x - 525}{525} = \frac{5}{100} = \frac{1}{20}$$

=> $$x - 525 = \frac{525}{20} = 26.25$$

=> $$x = 525 + 26.25 = 551.25$$ crore

=> Ans - (D)

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