In 2001, what was the approximate percentage of profit/lo...
The following bar graph shows the Income and Expenditures (in million US $) of five companies in the year 2001. The percent profit or loss of a company is given by
% Profit/Loss = (Income - Expenditure)/Expenditure x 100
Income and Expenditure (in million US $) of five companies in the year 2001.
In 2001, what was the approximate percentage of profit/loss of all the five Companies taken together?
5% profit
6.5% profit
4% loss
7% loss
Correct answer is A
Total income of all five companies
= (35 + 50 + 40 + 40 + 50) million US $
= 215 million US $.
Total expenditure of all five companies
= (45 + 40 + 45 + 30 + 45) million US $
= 205 million US $.
Therefore % Profit = [ (215 - 205)/205 x 100 ] % = 4.88% ≈ 5%
Similar Questions
In case of which battery was there a continuous decrease in sales from 1992 to 1997? ...
Which section has the maximum pass percentage in at least one of the two examinations? ...
The number of students scoring less than 40% marks in aggregate is? ...
In how many of the given years were the exports more than the imports for Company A? ...
What was the percentage decline in the production of fertilizers from 1997 to 1998? ...
In how many of the given years were the exports more than the imports ? ...