Instructions

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

Percentage Profit/Loss = $$\frac{Income - Expenditure}{Expenditure}\times100$$

Question 95

If the income of company B in 1997 and 1998 were in the ratio of 2 : 3, what was the ratio of the expenditure of the company in these two years ?

Solution

Percentage profit = 100* (Income - Expenditure)/Expenditure

So, Income = E * (%P+1)

E = Income / (%P +1)

Thus, the required ratio is 2 * (100/150) : 3 * (100/145) = 29 : 45


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