Given bar graph shows, total expenditure and the gross receipts of a company (in ₹ crores). Study the graph and answer the question that follows.

In order to make a profit of 20%, what should have been the gross receipts (in crore ₹) in 1995-96, if the total expenditure remained the same?

6600

By using the formula ,

Profit % = \(\frac{Profit}{Expenditure  }\) × 100

It is given that ,

Profit % = 20%

Expenditure in 1995 - 96 = 5500

Now ,

20  = \(\frac{Profit}{5500  }\) × 100

Profit = 55 × 20 = 1100

We know ,

Receipts = Expenditure + Profit

= 5500 + 1100

= 6600