1. |
For Company R, if the expenditure had increased by 20% in year 2001 from year 2000 and the company had earned profit of 10% in 2000, what was the Company's income in 2000 (in million US $)? |
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Answer: Option D Explanation: Let the expenditure of Company R in 2000 be x million US $.
i.e., expenditure of Company R in 2000 = 37.5 million US $. Let the income of Company R in 2000 be I million US $.
[ %Profit in 2000 = 10%] I - 37.5 = 3.75 I = 41.25 i.e., Income of Company R in 2000 = 41.25 million US $. |
The following bar graph shows the Income and Expenditures (in million US
$) of five companies in the year 2001. The percent profit or loss of a company
is given by
% Profit/Loss = |
Income - Expenditure |
x 100 |
Expenditure |
Income and
Expenditure (in million US $) of five companies in the year 2001.
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