Data Interpretation Practice Test 4

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Directions (82-89): Study the following graph carefully to answer these questions.Per cent profit earned by two companies producing electronic goods over the years
% Profit

= \text"Profit Earned"/\text"Total Investment"×100

Profit Earned = Total Income - Total Investment in the year

Question : 87 of 89

Marks: +1, -0

If the amount invested by Company B in 2004 is Rs 12 lakhs and the income in 2004 is equal to the investment in 2005, what was the amount of profit earned in 2005 by Company B?

Rs 6.6 lakhs
Rs 18.6 lakhs
Rs 10.23 lakhs
Rs 9.6 lakhs
None of these

Validate

Solution:

\table \Year ,\Investment ,\Profit \Percent ,\Profit ,\Total \Income;2004 ,{12,00,000} ,55%, {6,60,000}, {18,60,000};2005, 1{8,60,000}, 55%, {10,23,000}

Profit in 2005 by Company B = Rs 10,23,000

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