Question
Download Solution PDFDirections:
Study the following Bar-chart and the data provided to answer the questions that follow: Investment, Turnover and Profit of four different companies A, B, C and D are given. (In Lakhs)
What percentage of turnover of company D is profit of company C. (Upto two decimals)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
From the bar chart and table:
Turnover of Company D = 8.4 Lakhs
Profit of Company C = 6.2 Lakhs
Calculations:
We need to find what percentage of the turnover of company D is the profit of company C.
Percentage = (Profit of Company C / Turnover of Company D) × 100
⇒ Percentage = (6.2 / 8.4) × 100
⇒ Percentage = (6.2 × 100) / 8.4
⇒ Percentage = 620 / 8.4
⇒ Percentage ≈ 73.80
∴ The profit of company C is approximately 73.80% of the turnover of company D.
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