Question
Download Solution PDFThe line chart given below shows the profit percentage of a company on 5 different products P1, P2, P3, P4 and P5.
The expenditure of product P5 is Rs. 46000. What is the revenue of product P5?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGIVEN:
From the chart
Profit percentage in P5 = 8%
Expenditure = Rs. 46000
FORMULA USED:
Profit percentage = [(Revenue – Expenditure)/Expenditure] × 100
CALCULATION:
Profit percentage = [(Revenue – Expenditure)/Expenditure] × 100
⇒ 8 = [(Revenue – 46000)/46000] × 100
⇒ Revenue – 46000 = 8 × 460
⇒ Revenue = 3680 + 46000
⇒ Revenue = 49680Last updated on Jun 22, 2025
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