6Dec19 evening Q27

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. In the income of the Company A in the year 2014 happened to be ₹32.5 Lakhs, then what was the sum of the net profit (in ₹ Lakhs) of Company A and Company B in 2014?

  • Option : D
  • Explanation :
    Income of company A in year 2014 = ₹ 32.5 lakhs
    Profit of company A in year 2014 = 32.5 x (100/(100+25))
    = 32.5 x (100/125) = 26 lakhs
    Net Profit of company A in year 2014
    = 32.5 - 26 = 6.5 lakhs
    Net Profit of company B in year 2014
    = 35 - 25 = 10 lakhs
    Sum of profits of company A and B together in year 2014 = 6.5 + 10 = 16.5 lakhs
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