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The following graph shows Gross Traffic Receipts and Total Expenditure (in ₹) from 2015 to 2019 . In order to make a profit equal to \(10 \%\) of the gross traffic receipts, what should have been…

Question and options

The following graph shows Gross Traffic Receipts and Total Expenditure (in ₹) from 2015 to 2019 .

Figure



In order to make a profit equal to 10%10 \% of the gross traffic receipts, what should have been the approximate gross traffic receipts in 2016, total expenditure remaining the same ?
  1. 5667
  2. 5876
  3. 6444
  4. 7667

Answer and explanation

Correct answer: C - 6444
2016 expenditure = 5800. Profit equal to 10% of receipts means expenditure = 90% of receipts, so R = 5800/0.9 = 6444 (approx).

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