Refer the below data table and answer the following Question.
- A390
- B357.5
- C422.5
- D325
Solution & Step-by-step Explanation
From the table, the least % profit is 10%, which occurred in the year 2014.
Given for that year:
Expenditure=Rs 325 crore
Profit Percentage=10%
We know the formula for revenue:
Revenue=Expenditure×(1+
100
Profit %
)
Revenue=325×(1+
100
10
)
Revenue=325×1.1=357.5 crore
Thus, the Revenue was Rs 357.5 crore.
Given for that year:
Expenditure=Rs 325 crore
Profit Percentage=10%
We know the formula for revenue:
Revenue=Expenditure×(1+
100
Profit %
)
Revenue=325×(1+
100
10
)
Revenue=325×1.1=357.5 crore
Thus, the Revenue was Rs 357.5 crore.