Table shows the income and expenditure (in million rupees) of five companies A to E in 2021. Percentage profit/loss = (income − expenditure)/expenditure × 100.
| Company | Income | Expenditure |
|---|---|---|
| A | 35 | 45 |
| B | 50 | 40 |
| C | 40 | 45 |
| D | 40 | 30 |
| E | 50 | 45 |
In 2021, the approximate percentage of profit or loss of all five companies taken together was
A5% profit ✓ Correct
B4% loss
C7% loss
D10% profit
Correct answer: (A) 5% profit
Explanation
There is about a 5 percent profit, so the answer is a 5 percent profit.
The total income of all five companies is 35 plus 50 plus 40 plus 40 plus 50, which is 215.
The total expenditure is 45 plus 40 plus 45 plus 30 plus 45, which is 205.
So the combined profit is 215 minus 205, which is 10.
As a percentage of the total expenditure this is 10 over 205 times 100.
That is about 4.9 percent, which rounds to about 5 percent.
So there is about a 5 percent profit.
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