The table below presents the percentage profit earned by two companies A and B during the period 2013 to 2018. Based on the data given in the table, answer five questions that follow Yearwise percentage (%) profit [Where profit % = $\frac{Income − Expenditure}{Expenditure} × 100]$Year % Profit Earned A B 2013 20 % 35 % 2014 32 % 30 % 2015 40 % 50 % 2016 25 % 40 % 2017 30 % 30 % 2018 15 % 40 %
If the expenditure of company B in the year 2013 was ₹ 17 lakhs, then what was its income in that year?
₹ 22.95 lakhs
To find the income of Company B in the year 2013, we need to use the given formula for profit percentage:
\[\text{Profit \%} = \frac{\text{Income} - \text{Expenditure}}{\text{Expenditure}} \times 100\]From the data provided, we know:
- The profit percentage for Company B in 2013 is 35%
- The expenditure of Company B in 2013 is ₹17 lakhs
We can substitute these values into the formula to find the income:
\[\begin{align*} 35 &= \frac{\text{Income} - 17}{17} \times 100 \\ 0.35 &= \frac{\text{Income} - 17}{17} \\ 0.35 \times 17 &= \text{Income} - 17 \\ 5.95 &= \text{Income} - 17 \\ \text{Income} &= 5.95 + 17 \\ \text{Income} &= 22.95 \end{align*}\]Thus, the income of Company B in 2013 was ₹22.95 lakhs.
The correct option is: ₹22.95 lakhs.
Similar Questions
The ratio of the number of females to the number of males in City-E working in SBI, UCO and IOB together is :
The approximate percentage of the number of females with respect to the number of males across all the banks together in City-B is :
The number of females working in UCO from City-A is approximately _____ % more than the number of females working in PNB from the same city.
The total number of females working across all the six cities together is more than 1700 in :
The difference between the number of males working across all the six banks together in City-C and the number of males working across all the six banks together in City-D is :
What is the number of Model-Q cars sold in all cities together?
What is the difference between Model-P cars sold in city-D and city E ?
The number of Model-P cars sold in City D is approximately _____ % of the number of Model-R cars sold in City A
What is the ratio of the number of cars sold in City C to the number of Model-Q cars sold in City D?
Number of cars sold in City F is approximately _______ % more than the number of cars sold in City B
Important Questions from Tabulation
What is the ratio of total number of patients recovered from covid-19 in April to total number of patients recovered from covid-19 in March?
In which state, the number of patients who recovered from covid-19 steadily decreasing?
What is the average number of patients who recovered from Covid-19 in Madhya Pradesh in four months?
Find the difference between the total number of patients recovered from Covid-19 in all months in Punjab and the total number of patients recovered from Covid-19 in all months in Rajasthan.
In February 2021 the number of patients recovered from Covid-19 in Punjab is how much approximant percent more/less than the number of patients recovered from Covid-19 Uttar Pradesh in the same month?
