Question

The 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?

• A. 30480
• B. 49680
• C. 46987
• D. 33130

Answer 1

Answer:

B. 49680

• First, calculate the Profit for P5:
  Profit = 8% of Rs. 46,000
  Profit = (8 / 100) × 46,000
  Profit = 0.08 × 46,000 = Rs. 3,680

• Next, calculate the Revenue for P5:
  Revenue = Expenditure + Profit
  Revenue = Rs. 46,000 + Rs. 3,680
  Revenue = Rs. 49,680

• Alternatively, Revenue can be directly calculated using the formula: Revenue = Expenditure × (100 + Profit Percentage) / 100.

  • Revenue = 46,000 × (100 + 8) / 100

  • Revenue = 46,000 × 108 / 100

  • Revenue = 460 × 108 = Rs. 49,680