Comprehension Passage

The following table shows the Income and Expenditure (in million Rs.) of five companies A-E in the year 2021. The percent profit or loss of a company is given by:

(Profit/Loss) % = [(Income - Expenditure)/ Expenditure] × 100

Based on the data in the table, answer the questions.

Company wise Income and Expenditure in the year 2021

Company Income (in million Rs.) Expenditure (in million Rs.)
A 35 45
B 50 40
C 40 45
D 40 30
E 50 45

The companies A and B together had a percentage profit/loss of _______.

1
12% loss
2
10% profit
3
10% loss
4
There was no loss or profit

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