Instructions

Study the following graph carefully to answer the question that follow:
Percent profit made by two companies over the years
$$Per cent Profit =\frac{Income-Expenditure}{Expenditure}\times100$$

Question 129

If the year 2008 the income of both the companies A and B was the same what was the respective ratio of expenditure of Company A to the expenditure of Company B in that year ?

Solution

Let expenditures of a,b be a,b we have,

50=(i-a)/a*100, 30=(i-b)/b*100 We have,

a=(2/3)*i, b=10*i/13 we get a/b as 13/15


Create a FREE account and get:

  • Banking Quant Shortcuts PDF
  • Free Banking Study Material - (15000 Questions)
  • 135+ Banking previous papers with solutions PDF
  • 100+ Online Tests for Free

cracku

Boost your Prep!

Download App