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Given bar graph shows, total expenditure and the gross receipts of a company (in Rs. crores). Study the graph and answer the question that follows.   If profit = gross receipts - total expenditure, then in 1997 - 98, what percentage of gross receipts is the profit made? (Correct to one decimal place)

Given bar graph shows, total expenditure and the gross receipts of a company (in Rs. crores). Study the graph and answer the question that follows.   If profit = gross receipts - total expenditure, then in 1997 - 98, what percentage of gross receipts is the profit made? (Correct to one decimal place) Correct Answer 6.1%

Given:

In year 1997-98

Gross recipient = 8200

Expenditure = 7700

Profit = Gross recipient - Expenditure

Formula used:

Value in 'x' in terms of 'y' in % = (x/y) × 100

Calculation:

∵ Profit made in year 1997-98 = 8200 - 7700

= 500

∴ Profit made in terms of gross recipient in % = (500/8200) × 100

= 500/82

= 6.09%

≈ 6.1%

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