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Bar Charts

The following bar graph shows the Income and Expenditures (in million US $) of five companies in the year 2001. The percent profit or loss of a company is given by

% Profit/Loss = Income - Expenditure x 100
Expenditure

Income and Expenditure (in million US $) of five companies in the year 2001.

Q1: The companies M and N together had a percentage of profit/loss of?

A 12% loss

B 10% loss

C 10% profit

D There was no loss or profit

ANS:D - There was no loss or profit

Total income of Companies M and N together     = (35 + 50) million US $     = 85 million US $ Total expenditure of Companies M and N together     = (45 + 40) million US $     = 85 million US $. Therefore Percent Profit/Loss of companies M and N together

% Profit/Loss = ( 85 - 85 x 100 ) = 0%.
85
Thus, there was neither loss nor profit for companies M and N together.



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