Question

    The line chart given below shows the revenue of two

    companies L and M for the given years   Profit = Revenue – Expenditure   If in the year 1993 company L had a profit of 20 percent, then what was its expenditure in the year 1993?
    A 45 Correct Answer Incorrect Answer
    B 50 Correct Answer Incorrect Answer
    C 35 Correct Answer Incorrect Answer
    D 40 Correct Answer Incorrect Answer

    Solution

    Expenditure of company L in 1993: => 20/100 = (60 – E)/E => E = 300 – 5E => 6E = 300 => E = 50

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