Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 10 (Q.No. 2)
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.


2.
In 2001, what was the approximate percentage of profit/loss of all the five Companies taken together?
5% profit
6.5% profit
4% loss
7% loss
Answer: Option
Explanation:

Total income of all five companies

    = (35 + 50 + 40 + 40 + 50) million US $

    = 215 million US $.

Total expenditure of all five companies

    = (45 + 40 + 45 + 30 + 45) million US $

    = 205 million US $.

Therefore % Profit = [ (215 - 205) x 100 ] % = 4.88% ~= 5%.
205

Discussion:
2 comments Page 1 of 1.

Abhishek said:   3 years ago
How the income consider either profit or loss?
(3)

Harry said:   7 years ago
Total income = 205.
Total Expenditure= 215.

Please check the solution once.
(3)

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