Q60
The companies M and N together had a percentage of profit/ loss of -
A.
No loss and no profit
AnswerB.
12% loss
C.
10% loss
D.
10%
Answer: Option A
Solution
Answer: Option A
Solution:
Total income of companies M and N= Rs. (35 + 50) crores
= Rs. 85 crores
Total expenditure
= Rs. (45 + 40) crores
= Rs. 85 crores
Hence, the companies M and N had no loss and no profit.