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GATE 2020 CS – Question 10

General Aptitude · Quantitative Aptitude: Arithmetic and Number Computation · 2 marks · Multiple choice

The total revenue of a company during 2014-2018 is shown in the bar graph. If the total expenditure of the company in each year is 500 million rupees, then the aggregate profit or loss (in percentage) on the total expenditure of the company during 2014-2018 is ______. [Bar graph, revenue in million rupees: 2014: 500, 2015: 700, 2016: 800, 2017: 600, 2018: 400]

  1. 16.67 % profit
  2. 16.67 % loss
  3. 20 % profit
  4. 20 % loss

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Show answer and explanation

Correct answer: (C) 20 % profit

Explanation

Total revenue = 3000 and total expenditure = 2500. Profit = 500/2500 = 20%.