Question : Directions: Study the bar chart given below and answer the following questions:
In 2001, the approximate percentage of profit/loss of all the five companies taken together is equal to:
Option 1: 6.88% loss
Option 2: 4.65% profit
Option 3: 6.48% profit
Option 4: 4% loss
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Correct Answer: 4.65% profit
Solution :
From the given graph,
The total expenditure (in Rs. crore) of all the five companies taken together = 45 + 40 + 45 + 30 + 45 = 205
The total income (in Rs. crore) of all the five companies taken together = 35 + 50 + 40 + 40 + 50 = 215
$\text{Profit percent}=\frac{\text{Income – Expenditure}}{{\text{Income}}}$ × 100
= $\frac{215-205}{215}$ × 100
= $\frac{10}{215}$× 100
= 4.65%
Hence, the correct answer is 4.65% profit.
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