Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

The following graph given the annual percent profit earned by a company during the period 1996-2001.

Study the graph carefully and answer the question that follow.

%$Profit=\frac{Income \, - \, Expenditure}{Expenditure}×100$

The expenditure of the company during the year 1996 was ₹30 crores. The income of the company in that year was (in crores ₹) :

Options:

45

43.5

44.5

44

Correct Answer:

43.5

Explanation:

In year 1996 ,

Expenditure of company = Rs.30 crores

Profit % = 45%

We know ,

$Profit % =\frac{Income \, - \, Expenditure}{Expenditure}×100$

45 = \(\frac{Income\; - \; 30 }{30 }\) × 100

1350 =   (Income - 30)× 100 

Income = 30 + 13.50  = 43.5