GATE (GA) Textile 2020 Question Paper Solution | GATE/2020/GA/10

Question 10 (General Aptitude)

The revenue and expenditure of four different companies P, Q, R and S in 2015 are shown in the figure. If the revenue of company Q in 2015 was 20% more than in 2014, and company Q had earned a profit of 10% on expenditure in 2014, then its expenditure (in million rupees) in 2014 was _______.

(A)	32.7
(B)	33.7
(C)	34.1
(D)	35.1

[Show Answer]

Write Here

Let, expenditure in 2014=x

$Profit in 2014=x+x \times \frac{40}{100}$

Profit in 2014=1.1x

Given, $Revenue_q=Revenue_q+Revenue_q \times 20$ %

$Revenue_q=1.1x+1.1x \times 20$ %

$Revenue=1.32x$

Given, revenue of Q=45 million rs=1.32x

x=34.09 million rs (Ans)

Previous Question

Frequently Asked Questions | FAQs

GATE Textile Engineering and Fibre Science (TF) Question Papers | GATE Textile Question Answer | GATE Textile Solved Question Papers | GATE Textile Papers | GATE Textile Answer Key