Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Quantitative Reasoning

Topic

Data Interpretation & Stats

Question:

Study the following data and answer the question below.

Year 2016 2017 2018 2019 2020
Company's % profit 30 20 25 15 10

What was the revenue of the company if its expenditure was t50 lakhs in the year when its profit percentage was the highest?

Options:

₹55 lakhs

₹70 lakhs

₹65 lakhs

₹60 lakhs

Correct Answer:

₹65 lakhs

Explanation:

Given :- Expenditure = 50 lakh

Profit = 30% of 50 lakh

= 15 lakh

We know,

Revenue = Expenditure + Profit

= 50 + 15

= 65 lakh