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Directions (1 - 8): Study the following graphs carefully and answer the questions that follow:
Percent Profit Earned By Companies A and B Producing Electronic Goods Over The Years.
Percent Profit = $$\left( {\frac{{{\text{Profit Earned}}}}{{{\text{Total Investment}}}} \times 100} \right)\,\% $$
Profit Earned = (Total income ) - ( Total Investment in the Year)
Direction image of Line Chart chapter
1
If the investment of company A in 2007 and 2008 were equal, what is the difference between the profit earned in the two years if the income in 2008 was Rs. 24 lakh?
Discuss
Answer & Solution
Let the investment of A in 2008 be Rs. $$x$$. Then,
$$\eqalign{ & \left(\frac{160}{100}\times x\right) = 24\text{ lakh} \cr & \Rightarrow x = \left(24\times\frac{5}{8}\right) \text{lakh} \cr & \Rightarrow x = 15 \text{ lakh} \cr} $$
∴ Investment of A in 2008 = 15 lakh
Profit of A in 2008
= Rs. (24 - 15) lakh
= Rs. 9 lakh
Investment of A in 2007
= Investment of A in 2008
= Rs. 15 lakh
Profit of A in 2007
$$\eqalign{ & =\text{Rs.} \left(\frac{45}{100}\times15\text{ lakh}\right) \cr & =\text{Rs.} \frac{27}{4}\text{ lakh} \cr & =\text{Rs. 6.75 lakh} \cr} $$
Difference between the profits of A in 2007 and 2008
= Rs. (9 - 6.75) lakh
= Rs. 2.25 lakh
2
If the total amount invested by the two companies in 2009 was Rs. 27 lakh, while the amount invested by Company B was 50% of the amount invested by Company A, what was the total profit earned by the two companies together?
Discuss
Answer & Solution
Let the investment of A in 2009 be Rs. $$x$$
Then,
Investment of B
$$\eqalign{ & = \text{50% of Rs. }x\cr & =\text{Rs.} \left(x\times\frac{50}{100}\right) \cr & =\text{Rs. } \frac{x}{2} \cr & \therefore \left(x+\frac{x}{2}\right) = 27 \text{ lakh} \cr & \Rightarrow \frac{3x}{2} = 27 \text{ lakh} \cr & \Rightarrow x = \left(27\times\frac{2}{3}\right) \text{lakh} \cr & \Rightarrow x = \text{18 lakh} \cr} $$
  ∴ Investment of A in 2009 = Rs. 18 lakh and investment of B = Rs. 9 lakh.

$$\eqalign{ & \text{Profit of A} \cr & =\text{Rs.} \left(18\text{ lakh}\times \frac{75}{100}\right) \cr & = \text{Rs. 13.50 lakh} \cr & \text{Profit of B} \cr & =\text{Rs.} \left(9\text{ lakh}\times \frac{80}{100}\right) \cr & = \text{Rs. 7.20 lakh} \cr & \therefore \text{Total profit of A and B} \cr & = \text{Rs.}\left(13.50+7.20\right)\text{lakh} \cr & = \text{Rs. 20.70 lakh} \cr} $$
3
If the amount of profit earned by Company A in 2006 was Rs. 10.12 lakh, what was the total investment?
Discuss
Answer & Solution
Let the investment of A in 2006 be Rs. $$x$$
Then,
$$\eqalign{ & \text{Profit = 55% of Rs. }x \cr & =\text{Rs.}\left(x\times\frac{55}{100}\right) \cr & =\text{Rs.}\left(\frac{11x}{20}\right) \cr & \therefore \frac{11x}{20} = 10.12\text{ lakh} \cr & \Rightarrow \frac{11x}{20} = 10.12\times100000 \cr & \Rightarrow \frac{11x}{20} = 1012000 \cr & \Rightarrow x = 1012000\times\frac{20}{11} \cr & \Rightarrow x = 1840000 \cr & \Rightarrow x = \text{18.4 lakh} \cr} $$
  $$\Rightarrow$$ Investment of A in 2006 = 18.4 lakh
4
If the amount invested by the two companies in 2005 were equal, what was the ratio of the total income of Company A to that of B on 2005?
Discuss
Answer & Solution
Let the investment of each in 2005 be Rs. $$x$$
Then,
(Income of A) : (Income of B)
  = Rs. ($$x$$ + 70% of $$x$$) : Rs. ($$x$$ + 55% of $$x$$) [∵ Income = (Investment) + (Profit)]
$$\eqalign{ & = \left(x+\frac{70x}{100}\right) : \left(x+\frac{55x}{100}\right)\cr & = \left(x+\frac{7x}{10}\right) : \left(x+\frac{11x}{20}\right) \cr & = \frac{17x}{10} : \frac{31x}{20} \cr & = 34 : 31 \cr} $$
5
If the income of Company A in 2007 and that in 2008 were equal and the amount invested in 2007 was Rs. 12 lakh, what was the amount invested in 2008?
Discuss
Answer & Solution
$$\eqalign{ & \text{Investment of A in 2007} \cr & = \text{Rs. 12 lakh and profit%} \cr & = 45\% \cr & \text{Income of A in 2007} \cr & = \text{Rs.}\left(\frac{145}{100}\times12\text{ lakh}\right) \cr & = \text{Rs. 17.4 lakh} \cr & \text{Amount invested by A in 2008} \cr & = \text{Rs.}\left(\frac{100}{160}\times17.4\text{ lakh}\right) \cr & = \text{Rs.}\left(10.875\times100000\right) \cr & = \text{Rs. 1087500} \cr} $$
6
If each of the companies A and B invested Rs. 25 lakh in 2010, what was the average profit earned by the two companies?
Discuss
Answer & Solution
Average profit of A and B in 2010
$$\eqalign{ & = \frac{1}{2}\times\left[\left(\frac{90}{100}\times25\text{ lakh}\right)+\left(\frac{70}{100}\times25\text{ lakh}\right)\right] \cr & = \frac{1}{2}\times\left(\frac{45}{2}+\frac{35}{2}\right)\text{lakh} \cr & = \frac{80}{4}\text{ lakh} \cr & = \text{20 lakh} \cr} $$
7
If the profit earned in 2006 by Company B was Rs. 812500, what was the total income of the company in that year?
Discuss
Answer & Solution
Investment in 2006
= Rs. $$\left(\frac{100}{65}\times812500\right)$$
= Rs. (100 × 12500)
= Rs. 1250000
Total income of B in 2006
= Investment + Profit
= Rs. (1250000 + 812500)
= Rs. 2062500
8
If the amount invested by Company B in 2004 is Rs. 12 lakh and income of 2004 is equal to the investment in 2005, what is the amount of profit earned in 2005 by Company B?
Discuss
Answer & Solution
$$\eqalign{ & \text{Investment of B in 2004 = 12 lakh} \cr & \text{Income of B in 2004} \cr & =\text{Rs.}\left(\frac{155}{100}\times12\text{ lakh}\right) \cr & = \text{Rs. 18.6 lakh} \cr & \text{Profit earned in 2005} \cr & =\text{Rs.}\left(\frac{55}{100}\times18.6\text{ lakh}\right) \cr & =\text{Rs.}\left(\frac{11}{10}\times9.3 \text{ lakh}\right) \cr & =\text{Rs. 10.23 lakh} \cr} $$