The following bar chart shows the revenue (in thousand rupees) generated from the sale of 5 different objects, 01 to 05.

The following bar chart shows the profit percentage gained through the sales of these 5 objects.

Profit percentage
What is the cost incurred in the procurement and sale of 01?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. ₹1,50,000
Profit percentage
20 = {(180 - cost)/cost} x 100
20cost = 18000 - 100cost
120cost = 18000
cost = 150 thousand or 150000