Store Profit (in ₹ Lakh) earned in the year 2018 2019 2020 2021 2022 2023 A 12 18 24 21 15 30 B 9 15 18…
Store D earned a profit of 18 lakh in 2020, and a profit of 30 per cent means the investment is \(18/0.30=60\) lakh. Income is investment plus profit, that is \(60+18=78\)…
Choose your answer
| Store | Profit (in ₹ Lakh) earned in the year | |||||
|---|---|---|---|---|---|---|
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| A | 12 | 18 | 24 | 21 | 15 | 30 |
| B | 9 | 15 | 18 | 12 | 21 | 24 |
| C | 27 | 33 | 24 | 21 | 30 | 36 |
| D | 15 | 12 | 18 | 9 | 21 | 9 |
| E | 18 | 21 | 15 | 15 | 12 | 24 |
Question: What should be the income of store D in 2020, so that its profit percent is 30%?
Answer and explanation
Correct answer D
Store D earned a profit of 18 lakh in 2020, and a profit of 30 per cent means the investment is lakh. Income is investment plus profit, that is lakh. Hence the income must be 78 lakh rupees.
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