Study the following graph carefully and answer questions given below it. Percentage profit earned by two companies A and B over the years.
% $$\text{Profit} = \frac{\text{Income - Expenditure}}{\text{Expenditure}} \times 100$$
Expenditures of Company A in 2004 and 2005 are Rs. 12 lakhs and Rs. 14.5 lakhs respectively. What was the total income of Company A in 2004 and 2005 together (in lakh Rs.) ?
In the year 2004 for the company A :
Profit % = 50 %
Expenditure = 12 lakhs
Let income = Rs. $$x$$ lakhs
=> $$\frac{x - 12}{12} \times 100 = 50$$
=> $$100x - 1200 = 600$$
=> $$100x = 600 + 1200 = 1800$$
=> $$x = \frac{1800}{100} = 18$$ lakhs
In the year 2005 for the company A :
Profit % = 60 %
Expenditure = 14.5 lakhs
Let income = Rs. $$y$$ lakhs
=> $$\frac{y - 14.5}{14.5} \times 100 = 60$$
=> $$100y - 1450 = 870$$
=> $$100y = 870 + 1450 = 2320$$
=> $$y = \frac{2320}{100} = 23.2$$ lakhs
$$\therefore$$ Total income = 18 + 23.2 = 41.2 lakhs
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