Study the given bar-graphs and answer the question that follows.
Turnover of Company X (Product-wise: A, B, C, D and E)
Approximately what is the share in the total profit enjoyed by A and E together?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 70%.
Turnover of product A = 30¸00¸000
Profit percentage of product A = 25%
⇒ Total Profit of product A = 30 × 25/100 = 750000
Turnover of product E = 60¸00¸000
Profit percentage of product E = 25%
⇒ Total Profit of product E = 60 × 25/100 = 1500000
Profit of B = 40 × (7.5/100)
⇒ Profit of B = 300000
Profit of C = 20 × (20/100)
⇒ Profit of C = 400000
Profit of D = 50 × (7.5/100)
⇒ Profit of D = 375000
Total Profit of Company X = 750000 + 300000 + 400000 + 375000 + 1500000 = 3325000
Share of A and E = (750000 + 1500000) / 3325000 × 100%
⇒ Share of A and E ≈ 67.67% or Approx - 70%