Practicing Success
Study the following data and answer the question below.
What was the revenue of the company if its expenditure was t50 lakhs in the year when its profit percentage was the highest? |
₹55 lakhs ₹70 lakhs ₹65 lakhs ₹60 lakhs |
₹65 lakhs |
Given :- Expenditure = 50 lakh Profit = 30% of 50 lakh = 15 lakh We know, Revenue = Expenditure + Profit = 50 + 15 = 65 lakh
|