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?
M
N
P
Q
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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