Study the given graph and answer the question that follows.
In how many years was the profit (Revenue - Expenditure) as a percentage of the revenue, more than 25%?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 2
Solution
Profit of company in 2014 = Rs. 20 cr
Percentage Revenue of company in 2014 = 20/150 × 100 = 13.33%
Profit of company in 2015 = Rs. 60 cr
Percentage Revenue of company in 2015 = 60/210 × 100 = 28.57%
Profit of company in 2016 = Rs. 25 cr
Percentage Revenue of company in 2016 = 25/200 × 100 = 12.5%
Profit of company in 2017 = Rs. 40 cr
Percentage Revenue of company in 2017 = 40/240 × 100 = 16.67%
Profit of company in 2018 = Rs. 55 cr
Percentage Revenue of company in 2018 = 55/220 × 100 = 25%
Profit of company in 2019 = Rs. 85 cr
Percentage Revenue of company in 2019 = 85/255 × 100 = 33.33%
Number of years in which profit is more than 25% = 2 i.e 2015 and 2019