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