6Dec19 evening Q26

Based on the data in the table, answer the question that follow:
The table shows the percentage (%) profit earned by the company A. Income of company B and expenditure of company B during the years, 2013-18 as well as formula to complete percentage (%) profit. Year Wise Financial Details (in ₹ lakhs)

Year % profit of A Income of B ( in ₹ lakhs) Expenditure of B (in ₹ lakhs)
2013 40% 48.6 36
2014 25% 35 25
2015 60% 62.4 48
2016 40% 77 44
2017 10% 80 50
2018 20% 72 45

 

0. If the expenditure of Company A in year 2017 was ₹45 Lakhs, then the net profit (in ₹ Lakhs) of Company A is what percent of net profit (in ₹ Lakhs) of Company B in the same year?

  • Option : A
  • Explanation :
    Expenditure of company A in year 2017 ₹45 lakhs
    % Profit of A in 2017 = 10%
    Profit of company A in year 2017
    = 45 x (10/100) = 4.5 lakhs
    Profit of company B in year 2017
    80 - 50 = 30 lakhs
    Required percent = (4.5/30) x 100 = 15%
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