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Profit and loss


rishikha

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Last year in a group of 30 businesses, 21 reported a net profit and

15 had investments in foreign markets. How many of the businesses

did not report a net profit nor invest in foreign markets last year?

(1) last year 12 of the 30 businesses

reported a net profit and had investments

in foreign markets.

(2) last year 24 of the 30 businesses

reported a net profit or invested in

foreign markets, or both.

OA B

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IMO D.

 

A = 21

B = 15

AuB = ???

 

Businesses did not report a net profit = 30 - AuB

 

Statement I : AuB = A + B - AnB

AnB = 12 so we can calculate AuB (which is 24) so it is sufficient

 

Statment II : AuB = 24 therefore we can calculate the no of businesses which did not report a net profit

 

P.S : Plz donot post answers.

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