Direction: These questions are based on the following bar graph. Read the graph and answer the questions.
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If profit = gross traffic receipts – total expenditure, then in 1996 – 97, what percentage of gross traffic receipts is the profit made?
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- 5.9%
- 6.4%
- 7.2%
- 8%
Correct Option: A
According to question,
Profit = Gross traffic receipts – Total expenditure
Profit in 1996 – 97 = Gross traffic receipts in 1996 – 97 – Total expenditure in 1996 – 97
Profit in 1996 – 97 = 8500 - 8000 = 500
| % Gross traffic receipts = | Profit | X 100 |
| Gross traffic receipts |
| % Gross traffic receipts = | 500 | X 100 |
| 8500 |
| % Gross traffic receipts = | 1 | X 100 |
| 17 |
| % Gross traffic receipts = | 100 | |
| 17 |
| % Gross traffic receipts = | 5.9 % | |
