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Question

Account of income and expenditure (in crores) of seven companies in the year 2000

Percentage profit/loss =IncomeExpenditureExpenditure×100

Approximate what is the percentage of profit/loss the companies C and D had together?


A
10% profit
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B
12% profit
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C
10% loss
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D
12% loss
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E
There was no loss or profit
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Solution

The correct option is E There was no loss or profit
Total expenditure of companies C and D = (45 + 40) crores
= Rs. 85 crores

Total income of companies C and D = (35 + 50) crores
= Rs. 85 crores

Clearly there is no profit or loss.

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