Instructions

Study the graph and answer the given questions:
Income and Expenditure of company ABC (in ₹ crores) during 2013 to 2018

Question 59

If the ratio of expenditures of the company in 2015 and 2019 was 7 : 9 and the company earned a profit of 20% in 2019, then what was its income (in ₹ crores) in 2019?

Name: If the ratio of expenditures of the company in 2015 and 2019 was 7 : 9 and the company earned a profit of 20% in 2019, then what was its income (in ₹ crores) in 2019?
Uploaded: 2026-04-12T17:21:44.172007+05:30
Duration: 10 min 42 s
Description: If the ratio of expenditures of the company in 2015 and 2019 was 7 : 9 and the company earned a profit of 20% in 2019, then what was its income (in ₹ crores) in 2019?

Solution

We will assume the expenditures in 2015 and 2019 to be 7x and 9x.
Now, expenditure in 2015 = 350 = 7x. This gives x = 50.
So, expenditure in 2019 = 9x = 450 and the company earned a profit of 20% in 2019.
This means that the income will be 1.2*450 = 540.

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