Comprehension Passage
Directions : The following bar graph shows the Income and Expenditures (in lakhs) of five companies in the year 2001.
The percent profit or loss of a company is given by \(\frac{Income - Expenditure} {Income}\) × 100
On the basis of the given data, answer the following questions.
What was the percentage profit/loss of the companies M and N taken together?
1
12% loss.
2
10% loss.
3
10% profit.
4
There was no loss or profit.