Question

Refer to the given table and answer the question that follows.

What was the revenue of the company if the expenditure was ₹600 crores in the year when its percentage profit was the maximum ?

• A. ₹780 crores
• B. ₹800 crores
• C. ₹760 crores
• D. ₹820 crores

Answer 1

Answer:

A. ₹780 crores

From the table, the maximum percentage profit is in 2017, which is 30%.

Given:

• Expenditure = ₹600 crores

• Profit = 30%

Profit amount:

$30\% \text{ of } 600 = \frac{30}{100}\times600 = 180$

Revenue = Expenditure + Profit

600 + 180 = 780

Revenue = ₹780 crores