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Study the following charts carefully and answer the questions that follow: Profit = Revenue – Expenditure
What is the total profit (approximate in lakhs) earned by both companies in years 2014?
Rs 2135
Rs 2275
Rs 2026
Rs 2427
Revenue of A in 2014 = Rs 11600 lakhs So expenditure = (100/112) * 11600 = 10357 lakhs (approx) So profit = 11600 – 10357 = 1243 lakhs Revenue of B in 2014 = Rs 10800 lakhs So expenditure = (100/109) * 10800 = 9908 lakhs So profit = 10800 – 9908 = 892 lakhs So required total = 1243 + 892 = 2135 lakhs
By: Amit Kumar ProfileResourcesReport error
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