The following table shows the Income and Expenditure (in million ₹) of five companies A-E in the year…
Percentage profit is \(\frac{\text{Income} - \text{Expenditure}}{\text{Expenditure}}\times100\). Company B earns \(\frac{50 - 40}{40}\times100 = 25\%\), Company D earns…
Choose your answer
The following table shows the Income and Expenditure (in million ₹) of five companies A-E in the year 2021. The percent profit or loss of a company is given by:
(Profit/Loss) % = [(Income − Expenditure)/ Expenditure] × 100.
Based on the data in the table, answer the question.
| Company | Income (in million ₹) | Expenditure (in million ₹) |
|---|---|---|
| A | 35 | 45 |
| B | 50 | 40 |
| C | 40 | 45 |
| D | 40 | 30 |
| E | 50 | 45 |
Company _______ earned the maximum percentage profit in the year 2021.
Answer and explanation
Correct answer D
Percentage profit is . Company B earns , Company D earns and Company E about 11.1 percent, while A and C make losses. Company D has the highest percentage profit; B earns the same absolute profit of 10 million but on a larger expenditure.
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