Years | Company's % profit |
2011 | 20 |
2012 | 15 |
2013 | 25 |
2014 | 5 |
2015 | 10 |
A) Rs. 742.5 crore
B) Rs. 776.25 crore
C) Rs. 675 crore
D) Rs. 708.75 crore
Correct Answer: D
Solution :
Minimum profit per cent \[\Rightarrow \]year 2014 \[\therefore \]Profit per cent \[=\frac{I-E}{E}\times 100\] \[\Rightarrow 5=\frac{(I-675)}{675}\times 100\] \[\Rightarrow 1=\frac{(I-675)\times 4}{135}\] \[\Rightarrow 1=\frac{(I-675)\times 20}{675}\] \[\Rightarrow 1354=41-4\times 675\] \[\Rightarrow 4I=2700+135=2835\] \[\Rightarrow \]\[I=\frac{2835}{4}\] = Rs. 708.75 croreYou need to login to perform this action.
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