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SSC SSC CHSL TIER-I Solved Paper Held on 09.01.2017

  • question_answer
    Refer the following data table and answer the question.
    Year Company's % Profit
    2011 20
    2012 10
    2013 15
    2014 15
    2015 20
    What was the revenue of the company if its expenditure was Rs. 425 crore in the year when its % profit was the least? (In Rs. crore)

    A)  510

    B)  467.5

    C)  552.5

    D)  425

    Correct Answer: B

    Solution :

     Profit%\[=\frac{I-E}{E}\times 100\] \[\Rightarrow \]\[10=\frac{(I-425)}{425}\times 100\] \[\Rightarrow \]\[1=\frac{(1-425)}{425}\times 10\] \[\Rightarrow \]\[425=10\,I\,-4250\] \[\Rightarrow \]\[10\,I=4250+425\] \[\Rightarrow \]\[I=\frac{4675}{10}=\]Rs. 467.5 crore


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