Q36. For how many companies does the profit exceed 10% of turnover?

(a) 8

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(b) 7

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(d) 5

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Solution

The correct option is B
(b) 7

B)
There were 2 Textile companies, 2 Cement companies and 3 Steel companies

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Similar questions

Answer the questions on the basis of the information given below
Each point in the graph below shows the profit and turnover data for a company. Each company belongs to one of the three industries: textile, cement and steel.

For how many companies does the profit exceed 10% of turnover?

Q38. An investor wants to buy stock of only steel or cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. How many choices are available to the investor?

Answer the questions on the basis of the information given below
Each point in the graph below shows the profit and turnover data for a company. Each company belongs to one of the three industries: textile, cement and steel.

An investor wants to buy stock of only steel or cement companies with a turnover more than 1000 and profit exceeding 10% of turnover. How many choices are available to the investor?

Q37. For how many steel companies with a turnover of more than 2000 is the profit less than 300?

Q. Which of the following conditions are required to be fulfilled by private company in order to treat it as Small Company under Section 2(85) of the Companies Act, 2013?
(I) Paid up share capital does not exceed Rs 50 lakhs or such higher amount as may be prescribed which shall not be more than Rs 100 Crores.
(II) Its borrowing as per latest audited balance sheet does not exceed Rs 20 Crores or such higher amount as may be prescribed which shall not be more than Rs 50 Crores.
(III) Turnover as per its last profit & loss account does not exceed Rs 5 Crores or such higher amount as may be prescribed which shall not be more than Rs 100 Crores.
(IV) Paid up share capital does not exceed Rs 25 lakhs or such higher amount as may be prescribed which shall not be more than Rs 25 Crores.
Select the correct the answer from the options given below-

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Q36. For how many companies does the profit exceed 10% of turnover?

The correct option is B (b) 7 B) There were 2 Textile companies, 2 Cement companies and 3 Steel companies

The correct option is B
(b) 7

B)
There were 2 Textile companies, 2 Cement companies and 3 Steel companies