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The revenue and expenditure of four different companies P, Q, R and S in 2015 are shown in the figure. If the revenue of company Q in 2015 was 20% more than that in 2014, and company Q had earned a profit of 10% on expenditure in 2014, then its expenditure (in million rupees) in 2014 was _______.
  • a)
    34.1
  • b)
    32.7
  • c)
    33.7
  • d)
    35.1
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
The revenue and expenditure of four different companies P, Q, R and S ...
Let the revenue of company Q in 2010 = x in million rupees.
Then the revenue of company Q in 2015 = 1.2 x in million rupees.
Given in graph, 1.2x =45
x = 37.5 in million rupees
As given in question Q had earned a profit of 10%.
∵ Expenditure of company Q in 2014
= 37.5/1.1 = 34.09 ≈ 34.1
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The revenue and expenditure of four different companies P, Q, R and S in 2015 are shown in the figure. If the revenue of company Q in 2015 was 20% more than that in 2014, and company Q had earned a profit of 10% on expenditure in 2014, then its expenditure (in million rupees) in 2014 was _______.a)34.1b)32.7c)33.7d)35.1Correct answer is option 'A'. Can you explain this answer?
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