Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 10 (Q.No. 1)
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.


1.
The companies M and N together had a percentage of profit/loss of?
12% loss
10% loss
10% profit
There was no loss or profit
Answer: Option
Explanation:

Total income of Companies M and N together

    = (35 + 50) million US $

    = 85 million US $

Total expenditure of Companies M and N together

    = (45 + 40) million US $

    = 85 million US $.

Therefore Percent Profit/Loss of companies M and N together

% Profit/Loss = ( 85 - 85 x 100 ) = 0%.
85

Thus, there was neither loss nor profit for companies M and N together.

Discussion:
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