| 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) |
| Combining June and July, what is the loss per cent incurred by the businessman in these two months together? |
A) 30%
B) 50%
C) 40%
D) 45%
E) 36%
Correct Answer: C
Solution :
| Loss incurred in the month of June and July |
| \[=\,\,(640-380)+(560-340)\] |
| \[=260+220=480\] |
| \[\therefore \] Loss%\[=\frac{480}{1200}\times 100\]= 40% |
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