Data Interpretation - Bar Charts - Discussion
Discussion Forum : Bar Charts - Bar Chart 10 (Q.No. 3)
Directions to Solve
The following bar graph shows the Income and Expenditures (in million US $) of five companies in the year 2001. The percent profit or loss of a company is given by
% Profit/Loss = | Income - Expenditure | x 100 |
Expenditure |
Income and Expenditure (in million US $) of five companies in the year 2001.
3.
Which company earned the maximum percentage profit in the year 2001?
Answer: Option
Explanation:
The percentage profit/loss in the year 2001 for various comapanies are:
For M = | ![]() |
(35 - 45) | x 100 | ![]() |
% = -22.22% i.e., Loss = 22.22%. |
45 |
For N = | ![]() |
(50 - 40) | x 100 | ![]() |
% = 25% i.e., Profit = 25%. |
40 |
For P = | ![]() |
(40 - 45) | x 100 | ![]() |
% = -11.11% i.e., Loss = 11.11%. |
45 |
For Q = | ![]() |
(40 - 30) | x 100 | ![]() |
% = 33.33% i.e., Profit = 33.33%. |
30 |
For R = | ![]() |
(50 - 45) | x 100 | ![]() |
% = 11.11% i.e., Profit = 11.11%. |
45 |
Clearly, the Company Q earned the maximum profit in 2001.
Discussion:
1 comments Page 1 of 1.
Suzza said:
1 decade ago
They have only asked about profit so you can take out company M and P as it is in loss. But explanation is quite brief just for further reference but in exam conc on profit.
(1)
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