Study the following graph carefully to answer these question .
per cent profit earned by two companies producing electronic goods over the years
% $$profit = \frac{profit Earned}{Total Investment}\times100$$
profit Earned=Total Income-Total Investment in the year
If the amount invested by the two companies in 2005 was equal what was the ratio of total income of the Company A to that of B in 2005 ?
Let amount invested be x.
Total income of A = 1.70x
Total income of B = 1.55x
Ratio= 1.7/1.55= 34/31
Create a FREE account and get: