Question 98

Read the table and answer the given Questions

What was the Revenue of the company if its Expenditure was Rs 200 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. 200 crore

=> Profit % = $$\frac{x - 200}{200} \times 100 = 5$$

=> $$\frac{x - 200}{200} = \frac{5}{100} = \frac{1}{20}$$

=> $$x - 200 = \frac{200}{20} = 10$$

=> $$x = 200 + 10 = 210$$ crore

=> Ans - (A)

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