Question : Refer to the data table and answer the following question.
What was the revenue of the company if its Expenditure was Rs. 225 crore in the year when its % profit was the least?(in Rs. Crore)
Option 1: 270
Option 2: 247.5
Option 3: 292.5
Option 4: 225
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Correct Answer: 247.5
Solution : The lowest percentage profit of the company was 10% in the year 2011. Let the expenditure as E and the revenue as R. The profit = R – E Given that the profit percentage is 10%. ⇒ R – E = E × $\frac{10}{100}$ ⇒ R = E + E × $\frac{10}{100}$ Substituting E = 225 crore, R = 225 + 225 × $\frac{10}{100}$ = 225 + 22.5 = 247.5 crore Hence, the correct answer is 247.5.
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