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)
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Examveda
Examveda

If the amount of profit earned by Company A in 2006 was Rs. 10.12 lakh, what was the total investment?

A. Rs. 13.8 lakh

B. Rs. 14.9 lakh

C. Rs. 15.4 lakh

D. Rs. 14.2 lakh

E. None of these

Answer: Option E

Solution(By Examveda Team)

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

This Question Belongs to Data Interpretation >> Line Chart

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