Instructions

Study the following table and answer the questions that follow. “Graph”

Question 49

If the incomes of two companies were equal in 2009, then what was the ratio of expenditure of Company X to that of Company Y in 2009 ?

Solution

In 2009, let the income of company X = z

Let the income of company Y = z

Let expenditure of company X = x

Profit % of company X = 50%

=> $$\frac{z-x}{x}$$*100 = 50

=> 2z - 2x = x

=> x = $$\frac{2z}{3}$$

Let expenditure of company Y = y

Profit % of company Y = 60%

=> $$\frac{z-y}{y}$$*100 = 60

=> 5z - 5y = 3y

=> y = $$\frac{5z}{8}$$

Ratio of expenditure of company X to that of Y

=> $$\frac{x}{y}$$ = $$\frac{2z/3}{5z/8}$$

= $$\frac{2*8}{3*5}$$ = 16:15


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