Question
Download Solution PDFStudy the given bar-graph and answer the question that follows.
The bar-graph gives the sales and profit (both in Rs. cr.) of company Z across four years.
What was the approximate percentage profit margin on revenue of company Z in 2016?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Sales in 2016 = Rs. 2057 cr
Profit in 2016 = Rs. 847 cr
Concept and Formula used:
Profit Margin Percentage = (Profit / Sales) × 100
Calculation:
⇒ Profit Margin Percentage = (847 / 2057) × 100
⇒ Profit Margin Percentage ≈ 0.4118 × 100
⇒ Profit Margin Percentage ≈ 41.18%
∴ The approximate percentage profit margin on revenue of company Z in 2016 is 41.18%.
Last updated on Jun 17, 2025
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