The line chart given below shows the profit percentage of a company on 5 different products P1, P2, P3, P4 and P5.
The revenue of product P3 is 38100. What is expenditure of product P3 ?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Rs. 30000
Let Expenditure of product P3 be 100X.
Expenditure + Profit = Revenue.
A/c to question,
100X + 27% of 100X = 38100
100X + 27X = 38100
127X = 38100
X = 38100/127 = 300
Expenditure = 100X
Expediture = 100 × 300 = 30000.