1. The companies M and N together had a percentage of profit/loss of?
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By: guest on 01 Jun 2017 11.13 pm
Total income of Companies M and N together = (35 + 50) million US $ = 85 million US $ Total expenditure of Companies M and N together = (45 + 40) million US $ = 85 million US $. Percent Profit/Loss of companies M and N together % Profit/Loss = 85 - 85 x 100 = 0%. 85 Thus, there was neither loss nor profit for companies M and N together.