6Dec19 evening Q29

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 income of Company A in the year 2018 was ₹ 90 Lakhs, then the net profit (in ₹ Lakhs) of Company B in 2018 is what percent more than the net profit (in ₹ Lakhs) of Company A?

  • Option : D
  • Explanation :
    Income of company A in year 2018 = 90 lakhs
    Expenditure of company A in year 2018
    6Dec19 evening
    Net profit of company A in 2018
    = 90-75 = 15 1akhs
    Net profit of company B in 2018 = 72 - 45 = 27 lakhs
    Difference in profit = 27 - 15 = 12 lakhs
    Required percent = (12/15) x 100 = 80%
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