JIPMAT 2024
Logical Reasoning
Bar Graph
Medium
The following graph shows Gross Traffic Receipts and Total Expenditure (in ₹) from 2015 to 2019 .
In order to make a profit of , what should have been the approximate gross traffic receipts in 2016, total expenditure remaining the same ?
In order to make a profit of , what should have been the approximate gross traffic receipts in 2016, total expenditure remaining the same ?
Correct Option: 3
Given:2016 expenditure = 5800Required profit = 10%Required receipts should be = Expenditure + 10% profit= 5800 + 10% of receiptsLet required receipts be xx = 5800 + x = 5800 + 0.1x0.9x = 5800x = = 6444Therefore, to make a 10% profit, the gross traffic receipts should have been 6444.