In 2001, the approximate percentage of profit/loss of all the five companies taken together is equal to-

A. 6.88% loss

B. 4.65% profit

C. 4.88% profit

D. 4% loss

Answer: Option C

Solution(By Examveda Team)

  Total income of all the five companies
  = Rs. (35 + 50 + 40 + 40 + 50) crores
  = Rs. 215 crores
  Total expenditure of all the five companies
  = Rs. (45 + 40 + 45 + 30 + 45) crores
  = Rs. 205 crores
$$\eqalign{ & \therefore \text{ Profit percent}\cr & = \frac{\text{Income - Expenditure}}{\text{Expenditure}}\times100 \cr & = \frac{215 - 205}{205}\times100 \cr & = \frac{1000}{205} \cr & = 4.88\% \cr} $$