Instructions

Study the following graph carefully and answer the questions given below it.

Percent profit earned by three companies
A, B and C over the years 1994 to 2000
(Profit = Income - Expenditure)

Question 132

Expenditure of Company ’B’ in 1998 was Rs. 6.5 lakhs, which was equal to the income of Company ‘C’ in 1996. What was the ratio of income of COmpany ‘B’ in 1998 to the expenditure of Company ‘C’ in 1996 ?

Solution

Share

Expenditure of B in 1998 = 6.5 lakhs

Using the formula % p = 100 * (I-E)/E

we get I = 1.8 E = 1.8 * 6.5 = 11.7

Income of C in 1996 is 6.5 lakhs

Using the formula % p = 100 * (I-E)/E

we get I = 1.8 E => E = 6.5/1.8 = 3.61

So, the required ratio = 11.7:3.61 = 3.24 $$\approx$$ 81:25

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