Direction: Study the following graph carefully and answer the questions given below.
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If the total expenditure of Company B in 1994 was $ 200 , what was the total income?
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- $ 160 million
- $ 240 million
- $ 260 million
- Data inadequate
- None of these
Correct Option: B
Let us assume that the Expenditure E , income I and profit P %.
As per given graph,
Profit = 40 %
As per given question,
Expenditure = $ 200 Million
Total income ( I ) = E | 100 + % Profit | ||
100 |
Total income ( I ) = 200 | 100 + 40 | million $ = 280 million $ | ||
100 |