Question
Download Solution PDFDirections:
Study the following Bar-chart and the data provided to answer the questions that follow : Investment, Turnover and Profit of four different companies A, B, C and D are given.( in Lakhs). The profit of company C is what percent (rounded off to two decimals) of the turnover of company D?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Turnover of company D = 9 lakhs
Profit of company C = 1 lakhs
Formula used:
Profit % = (Profit / CP) × 100
Calculation:
Required percentage = (1/9) × 100
⇒ 11.11 %
Hence, the correct answer is "11.11%".
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