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    Question

    Study the graph carefully to answer the questions that follow: Percent profit earned by three companies over the given years  

    If the profit earned by Company X in the year 2008 and

    2010 was Rs.312 lakh and Rs. 225 lakh respectively, what was the total expenditure of the company in both the years?
    A Rs, 3,060 lakh Correct Answer Incorrect Answer
    B Rs, 1,560 lakh Correct Answer Incorrect Answer
    C Rs, 1,500 lakh Correct Answer Incorrect Answer
    D Can’t be determined Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Percent profit earned by Company X in 2008 = 20% ∴ 20% of Expenditure = 312 ⇒ Expenditure = (312×100)/20= 1,560 Percent profit earned by Company X in 2010 = 15% ∴ 15% of Expenditure = 225 ⇒ Expenditure = (225×100)/15= 1,500 ∴ Total Expenditure = 1,560 + 1,500 = Rs. 3,060 Lakh

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