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Group Question Answer the following question based on the information given below.
The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.
Q.
What is the income (in Rs. crores) in Ql of the next year, if the expenditure in that quarter is the same as the expenditure in Q4 this year, while the percentage profit has gone up by 5 percentage points from Q4 this year? 
  • a)
    4.82
  • b)
    4.64
  • c)
    5.02
  • d)
    4.54
  • e)
    5.06 
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Group Question Answer the following question based on the information ...
Expenditure in Ql of next year = expenditure in Q4 of this year = Rs. 2.8 crores From the solution to the previous question, percentage profit in Q4 this year = 60.71%
∴ Percentage profit in Ql next year = (60.71 + 5)% i.e. 65.71%.
Hence, option 2.
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Group Question Answer the following question based on the information given below.The chart below shows the income and expenditure (in Rs. crores) of a firm for four successive quarters in an year.Q.What is the income (in Rs. crores) in Ql of the next year, if the expenditure in that quarter is the same as the expenditure in Q4 this year, while the percentage profit has gone up by 5 percentage points from Q4 this year?a)4.82b)4.64c)5.02d)4.54e)5.06Correct answer is option 'B'. Can you explain this answer?
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