| Directions: Study the following graph carefully to answer the given questions. [NlCL (AO) 2014] |
 |
| (i) Profit = (Income \[-\] Expenditure) |
| (ii) Profit per cent = (Profit/Expenditure \[\times \]100) |
| (iii) Loss = (Expenditure \[-\] Income) |
| (iv) Loss per cent = (Loss / Expenditure \[\times \]100) |
| What is the average profit earned by the businessman during April, May and August? (in thousand) |
A) 280
B) 220
C) 240
D) 200
E) 260
Correct Answer: C
Solution :
| Average profit earned by the businessman during April, May and August |
| \[=\,\,\frac{280+260+180}{3}\,\,=\frac{720}{3}=240\] |
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