Question

A juice vendor makes ₹ 25,000 and spends ₹ 10,000 in a month.
How much profit does he make in a year?

• A. ₹ 1,80,000
• B. ₹ 1,90,000
• C. ₹ 1,70,000
• D. ₹ 1,60,000

Answer 1

The correct option is A ₹ 1,80,000

Yearly earnings = ₹ 25,000 x 12 = ₹ 3,00,000
Yearly expenditure
= ₹10,000 x 12 = ₹ 1,20,000
Yearly profit
= Yearly earnings - yearly expenditure
So,
Yearly profit
= ₹ 3,00,000 - ₹ 1,20,000 = ₹ 1,80,000