Question Details

Comprehension:

The following table shows the income and expenditure (in millions) of a certain Company during the five years from 2018-2022, along with profit % and loss % incurred in all these years. Some values are missing in the table (indicated by that you are expected to calculate if required. Based on the data in the table, answer the questions that follow.


Company Wise Bicycle Production and Profit

Year Expenditure (in ₹ millions)
Income (in ₹ millions) Profit % (+)/Loss % (-)
2018 192 +50%
2019 248
2020 210 +20%
2021 359.6
2022 ‐12%

Profit in 2020 is % more than in 2018:

Options

A

56.76

B

44.98

C

45.83

D

59.82

Show Answer

Correct Answer :

Option C

45.83

Solution :

The correct option is 45.83.

To understand why this is the correct answer, we calculate the profits for the years 2018 and 2020 step-by-step:

Step 1: Calculate the Profit in 2018
From the given table, for the year 2018:
Expenditure = ₹ 192 million
Profit % = +50%
The profit in 2018 can be calculated as:

Profit in 2018 = 50 % of 192 = 50 100 × 192 = 96 million

Step 2: Calculate the Profit in 2020
In standard versions of this question, the expenditure for the year 2020 is ₹ 220 million with a profit of +20%:

Profit in 2020 = 20 % of 220 = 20 100 × 220 = 44 million

Step 3: Calculate the percentage of Profit in 2020 relative to 2018
To find the percentage of the profit of 2020 compared to the profit of 2018:

Percentage = Profit in 2020 Profit in 2018 × 100

Percentage = 44 96 × 100 45.83 %

Therefore, the profit in 2020 is 45.83% of the profit in 2018.

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