arrow
arrow
arrow
The given table shows the expenditure (in crore ₹) of three companies A, B and C and the percentage profit of these companies in different years. G
Question

The given table shows the expenditure (in crore ₹) of three companies A, B and C and the percentage profit of these companies in different years.
Given that:
Income = Expenditure + Expenditure × (Profit % / 100) 

Years

Company A

Company B

Company C

Expenditure

Profit

Expenditure

Profit

Expenditure

Profit

2002

24

50%

20

40%

40

45%

2003

30

45%

15

25%

50

55%

2004

36

40%

25

35%

60

65%

2005

40

60%

35

48%

80

75%

What is the difference (in crore ₹) between the profits of Company A and Company B in the year 2005?

A.

7.2

B.

12.5

C.

10.4

D.

8.3

Correct option is A

Given:
Expenditure of Company A in 2005 = ₹40 crore
Profit percentage of Company A in 2005 = 60%
Expenditure of Company B in 2005 = ₹35 crore
Profit percentage of Company B in 2005 = 48%
Formula Used:
Income=Expenditure+Expenditure×Profit%100\text {Income} = \text{Expenditure} + \text{Expenditure} \times \frac{\text{Profit\%}}{100}​​
Profit = Income – Expenditure
So,
IncomeExpenditure=Expenditure×Profit%100  Profit of a company=Expenditure×Profit percentage100\text {Income} -\text{Expenditure} = \text{Expenditure} \times \frac{\text{Profit\%}}{100} \\ \ \\\implies \text{Profit of a company} = \text{Expenditure} \times \frac{\text{Profit percentage}}{100}​​
Solution:
The profit of Company A in 2005:
Profit of Company A=40×60100=40×0.6=24\text{Profit of Company A} = 40 \times \frac{60}{100} = 40 \times 0.6 = ₹24​​
The profit of Company B in 2005:
Profit of Company B=35×48100=35×0.48=16.8crore\text{Profit of Company B} = 35 \times \frac{48}{100} = 35 \times 0.48 = ₹16.8 \text{crore} ​
Now,
Difference in profit = ₹24 − ₹16.8 = ₹7.2 crore

Free Tests

Free
Must Attempt

SSC GD PYP (Held on 4 Feb 2025 S1)

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English
Free
Must Attempt

Hindi Section Test 1

languageIcon English
  • pdpQsnIcon20 Questions
  • pdpsheetsIcon40 Marks
  • timerIcon12 Mins
languageIcon English
Free
Must Attempt

SSC GD Constable Full Mock Test 1

languageIcon English
  • pdpQsnIcon80 Questions
  • pdpsheetsIcon160 Marks
  • timerIcon60 Mins
languageIcon English

Similar Questions

test-prime-package

Access ‘SSC CGL Tier I’ Mock Tests with

  • 60000+ Mocks and Previous Year Papers
  • Unlimited Re-Attempts
  • Personalised Report Card
  • 500% Refund on Final Selection
  • Largest Community
students-icon
368k+ students have already unlocked exclusive benefits with Test Prime!
Our Plans
Monthsup-arrow