Directions (1 - 5): Study the following graph carefully and answer the questions given below it.
Percentage profit earned by two companies A and B over the six years.
A | 25 | 45 | 35 | 50 | 30 | 40 |
B | 40 | 35 | 50 | 45 | 40 | 45 |
Expenditure of company B in 2009 and 2010 are Rs. 12 lakhs and Rs. 14.5 lakhs respectively. What was the total income of company B in 2009 and 2010 together (in lakh rupees)?
A. Rs. 39.75 lakhs
B. Rs. 37.95 lakhs
C. Rs. 38.758 lakhs
D. Rs. 38.55 lakhs
E. None of these
Answer: Option B
Solution(By Examveda Team)
Profit percent earned by company B in 2009 = 35%Profit percent earned by company B in 2010 = 50%
Expenditure of company B in 2009 = 12 lakhs
Expenditure of company B in 2010 = 14.5 lakhs
Income of company B in 2009
$$\eqalign{ & 35\% = \frac{I - E}{E}\times100 \cr & \Rightarrow 35 = \frac{I - 12\text{ lakh}}{12\text{ lakh}}\times100 \cr & \Rightarrow \left(35\times12\right)\text{lakh} = 100I-1200\text{ lakh} \cr & \Rightarrow 420\text{ lakh} = 100I - 1200 \text{ lakh} \cr & \Rightarrow I = 16.20 \text{ lakh} \cr & \text{Income of company B in 2009} \cr & 50\% = \frac{I - E}{E}\times100 \cr & \Rightarrow 50 = \frac{I - 14.5\text{ lakh}}{14.5\text{ lakh}}\times100 \cr & \Rightarrow \left(50\times14.5\right)\text{lakh} = 100I-14.50\text{ lakh} \cr & \Rightarrow 2175\text{ lakh} = 100I \text{ lakh} \cr & \Rightarrow I = 21.75 \text{ lakh} \cr} $$
So,
Total income of company B in 2009 and 2010
= 16.2 + 21.75
= Rs. 37.95 lakhs
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Comments ( 2 )
Related Questions on Line Chart
What was the overall average expenditure of Company C in all the years together?
A. Rs. 190 lakhs
B. Rs. 120 lakhs
C. Rs. 180 lakhs
D. Rs. 150 lakhs
A. Rs. 1000000
B. Rs. 100000
C. Rs. 10000000
D. Rs. 100000000
A. 5 : 3
B. 3 : 4
C. 3 : 5
D. 3 : 2
In which year was the total expenditure by all three Companies together second highest?
A. 2005
B. 2006
C. 2007
D. 2008
E. 2009
profit are calculated upon income or expenditure ?
without formula