Question discussion

Study the following graph and answer the question.Percent profit = (Income − Expenditure) ÷ Expenditure × 100Profit = Income − ExpenditureI…

3209Medium DSSSB TGT Computer Science 0 replies 1 views

Study the following graph and answer the question.

Figure for question 44

Percent profit = (Income − Expenditure) ÷ Expenditure × 100

Profit = Income − Expenditure

In 2018, if the expenditure of the company B is ₹300 crores and the income of company A is 390 crores, then by what percentage was the profit of company B more than that of A in that year?

A40%
B55%
C50%
D42%

Correct answer: C

Explanation

For 2018, B’s percent profit is 45% and A’s is 30%. B: expenditure 300, so profit = 135. A: income 390, expenditure = 390 ÷ 1.3 = 300, so profit = 90. B’s profit is more by (135 − 90)/90 × 100 = 50%.

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