Question:

Directions:
Directions for the following 4 questions: The table below shows the annual Revenue and Expenditure (both in Rs. crore) of a company for five years. Profit in a year = Revenue - Expenditure. Study the data and answer the questions that follow. Year | Revenue | Expenditure 2019 | 120 | 80 2020 | 150 | 90 2021 | 180 | 120 2022 | 200 | 140 2023 | 250 | 175

In which year was the profit as a percentage of expenditure the highest?

Show Hint

Rather than converting every ratio to a percentage, try comparing the profit-to-expenditure fractions two at a time using cross-multiplication to see which is bigger.
Updated On: Jul 8, 2026
  • 2020
  • 2019
  • 2021
  • 2023
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The Correct Option is A

Solution and Explanation

Profit/Expenditure ratios: 2019 \(=\frac{40}{80}=50\%\); 2020 \(=\frac{60}{90}=66.7\%\); 2021 \(=\frac{60}{120}=50\%\); 2022 \(=\frac{60}{140}=42.9\%\); 2023 \(=\frac{75}{175}=42.9\%\). Highest is 2020. Correct option: 2020.
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