The given bar given shows the income and expenditure (in ₹ lakh) of 5 companies (A, B, C, D, and E) in the year 2022. Study the graph and answer the question that follows.
Which company earned the maximum percentage profit in the year 2022?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e D.
Percentage Profit = [(Income - Expenditure) ÷ Expenditure] × 100
Company A's Profit% = (10 ÷ 35) × 100 ≈ 28.57%
Company B's profit% = (5 ÷ 45) × 100 = 11.11%
Company C's Profit% = (5 ÷ 40) × 100 = 12.5%
Company D's profit% = (10 ÷ 30) × 100 ≈ 33.33%
Company E's Profit% = (5 ÷ 45) × 100 ≈ 11.11%
Conclusion:- Company D earned the maximum percentage profit of 33.33% in 2022.