Multiple Choice Questions on Loss incurred by company in 2012 was 16 6 millions more than profit of company in 2011 what is the l........... for Civil Services Exam (CSAT) Preparation

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Math and Mental Ability Civil Services Exam (CSAT)

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Study Notes

    Direction : The following table shows the expenditure and income of a certain company in 5 years. Upon which its profit% and loss% are also given. Some values are missing. Study the table carefully and answer the questions based on data in table and particular questions.

    Year

    Expenditure(in millions)

    Income (in million)

    Profit (%)

    Loss (%)

    2011

    96

     

    15%

    2012

    124

     

     

    2013

    105

     

    20%

    2014

     

    179.8

     

    2015

     

     

    -12%


    Loss incurred by company in 2012 was 16.6 millions more than profit of company in 2011, what is the loss% incurred by company in 2012?

    17%

    Incorrect Answer

    28%

    Incorrect Answer

    22%

    Incorrect Answer

    25%

    Correct Answer

    23%

    Incorrect Answer
    Explanation:

    Profit in 2011 = 15/100 * 96 = 14.4 millions
    So loss in 2012 = 16.6 + 14.4 = 31 millions
    So loss% = 31/124 * 100 = 25%

    Hence, option 4 is the correct answer.


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