Instructions

Study the graph carefully to answer the questions that follow:
Per cent profit made by two companies over the years
Per cent profit=$$\frac{Income-Expenditure}{Expenditure}\times 100$$

Question 129

If in the year 2008 the incomes of both the companies A and B were the same what was the ratio of the expenditure of Company B in that year ?

Solution

Percentage profits of both the companies A and B in 2008 = 50% and 30%

Let the incomes be x

(x-Expenditure of A)/Expenditure of A = 0.5

Expenditure of A = x/1.5

(x - Expenditure of B)/Expenditure of B = 0.3

Expenditure of B = x/1.3

Ratio = x/1.5:x/1.3 = 13:15


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