$\text{Study the given bar-graph and answer the question that follows.}$

$\text{The bar-graph gives the sales and profit (both in ₹ cr.) of company Z across four years.}$

$\text{What was the approximate percentage profit margin on revenue of company Z in 2016?}$

The correct option is 41.18%.

Step-by-step explanation:

Step 1: Analyze the data from the bar graph for the year 2016
From the given bar graph showing the sales and profit of Company Z across four years, we locate the data for the year 2016:
- Sales (Revenue) in 2016: ₹2057 crore (represented by the white bar labeled 2057)
- Profit in 2016: ₹847 crore (represented by the black bar labeled 847)

Step 2: State the formula for percentage profit margin on revenue
The percentage profit margin on revenue is given by:

$\text{Profit Margin (\%)}=\left(\frac{\text{Profit}}{\text{Revenue (Sales)}}\right)\times 100$

Step 3: Calculate the percentage profit margin for 2016
Substituting the values of Profit = 847 and Revenue = 2057 into the formula:

$\text{Profit Margin (\%)}=\left(\frac{847}{2057}\right)\times 100$

$\text{Profit Margin (\%)}=\frac{84700}{2057}$

$\text{Profit Margin (\%)}\approx 41.17647\%$

Rounding off to two decimal places gives 41.18%.

Therefore, the approximate percentage profit margin on revenue of company Z in 2016 was 41.18%.