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In 2001, the approximate percentage of profit/loss of all the five companies taken together is equal to-
Answer & Solution
Correct Answer:
Option
C
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
$$\eqalign{ & \therefore \text{ Profit percent}\cr & = \frac{\text{Income - Expenditure}}{\text{Expenditure}}\times100 \cr & = \frac{215 - 205}{205}\times100 \cr & = \frac{1000}{205} \cr & = 4.88\% \cr} $$
= 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
$$\eqalign{ & \therefore \text{ Profit percent}\cr & = \frac{\text{Income - Expenditure}}{\text{Expenditure}}\times100 \cr & = \frac{215 - 205}{205}\times100 \cr & = \frac{1000}{205} \cr & = 4.88\% \cr} $$
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