Refer to the below data table and answer the following question.YearCompany's % Profit20112520125201310201415201520What was the Revenue of the company if its Expenditure was in the year when its profit was the least?
- A632.5
- B603.75
- C661.25
- D575
Solution & Step-by-step Explanation
From the data table, the least profit percentage is , which occurred in the year 2012.Given for that year:
The formula relating Revenue, Expenditure, and Profit Percentage is:
The formula relating Revenue, Expenditure, and Profit Percentage is: