Step 1: Understanding the Question:
The question asks to identify the quarter with the highest profit. This requires calculating the profit for each of the four quarters and then comparing them.
Step 2: Key Formula or Approach:
The profit for each quarter is calculated using the following formula:
Profit = (Total Revenue \(\times\) % Revenue of the quarter) \(\times\) % Profit of that quarter's revenue.
Given Total Revenue = 225 million rupees = 225,000,000.
Step 3: Detailed Explanation:
We will calculate the profit for each quarter:
1st Quarter:
Revenue = 31% of 225,000,000 = 0.31 \(\times\) 225,000,000 = 69,750,000 rupees.
Profit = 25% of 69,750,000 = 0.25 \(\times\) 69,750,000 = 17,437,500 rupees.
2nd Quarter:
Revenue = 35% of 225,000,000 = 0.35 \(\times\) 225,000,000 = 78,750,000 rupees.
Profit = 11% of 78,750,000 = 0.11 \(\times\) 78,750,000 = 8,662,500 rupees.
3rd Quarter:
Revenue = 15% of 225,000,000 = 0.15 \(\times\) 225,000,000 = 33,750,000 rupees.
Profit = 35% of 33,750,000 = 0.35 \(\times\) 33,750,000 = 11,812,500 rupees.
4th Quarter:
Revenue = 19% of 225,000,000 = 0.19 \(\times\) 225,000,000 = 42,750,000 rupees.
Profit = 29% of 42,750,000 = 0.29 \(\times\) 42,750,000 = 12,397,500 rupees.
Comparing the profits:
1st Qtr: 17,437,500
2nd Qtr: 8,662,500
3rd Qtr: 11,812,500
4th Qtr: 12,397,500
The highest profit is in the 1st quarter.
Step 4: Final Answer:
The profit is maximum in the first quarter.