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 : 89 of 89

Marks: +1, -0

If each of the Companies A and B invested Rs 25 lakhs in 2010, what was the average profit earned by the two companies?

Rs 18 lakhs
Rs 22.5 lakhs
Rs 17.5 lakhs
Rs 20 lakhs
None of these

Validate

Solution:

\table \Year 2010 ,\Investment ,\Profit \Percent,\Profit;\Company \A ,25 \Lakh ,90%,{22,50,000};\Company \B, 25 \Lakh ,70% ,{17,50,000}

Average =

{22,50,000+ 17,50,000}/2

= Rs 20,00,000 = Rs 20 Lakh

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