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