Formula Used:
Profit = Revenue – Expenditure
Percentage Revenue = Profit/Revenue × 100
Calculations:
Profit of company in 2014 = Rs.(150 – 130) cr
⇒ Profit of company in 2014 = Rs. 20 cr
Percentage Revenue = Profit/Revenue × 100
Percentage Revenue of company in 2014 = 20/150 × 100 = 13.33% ----(1)
Profit of company in 2015 = Rs.(210 – 150) cr
⇒ Profit of company in 2015 = Rs. 60 cr
Percentage Revenue of company in 2015 = 60/210 × 100 = 28.57% ----(2)
Profit of company in 2016 = Rs.(200 – 175) cr
⇒ Profit of company in 2016 = Rs. 25 cr
Percentage Revenue of company in 2016 = 25/200 × 100 = 12.5% ----(3)
Profit of company in 2017 = Rs.(240 – 200) cr
⇒ Profit of company in 2017 = Rs. 40 cr
Percentage Revenue of company in 2017 = 40/240 × 100 = 16.67% ----(4)
Profit of company in 2018 = Rs.(220 – 165) cr
⇒ Profit of company in 2018 = Rs. 55 cr
Percentage Revenue of company in 2018 = 55/220 × 100 = 25% ----(5)
Profit of company in 2019 = Rs.(255 – 170) cr
⇒ Profit of company in 2019 = Rs. 85 cr
Percentage Revenue of company in 2019 = 85/255 × 100 = 33.33% ----(6)
We observe that only (2) and (6) have profit more than 25%
⇒ Number of years in which profit is more than 25% = 2
∴ The number of years in which profit is more than 25% is 2.