Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Instructions
Study the following graph carefully and answer the questions given below it.
Percentage Profit/Loss = $$\frac{Income - Expenditure}{Expenditure}\times100$$
Question 92
Ratio of expenditure of companies A and B in 1999 was 3 : 4. What was the ratio of their incomes in 1999 ?
Solution
Percentage profit = 100* (Income - Expenditure)/Expenditure
So, Income = E * (%P+1)
Thus, the required ratio is 3 * 1.3 : 4 * 1.4 = 39 : 56
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
