Question : Refer to the data table and answer the following question.

Years Company's % profit
2011 10
2012 25
2013 20
2014 15
2015 20

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


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

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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