Directions (1 - 5): Study the chart and answer the questions:
The retained profit in 1991-92, as compared to that in 1990-91 was:
A. Higher by 2.5 %
B. higher by 1.5%
C. lower by 2.5 %
D. lower by 1.5%
Answer: Option D
Solution(By Examveda Team)
Retained profit in 1990-91= 25% of 130
= Rs. 32.5 lakh
Retained profit in 1991-92
= 20% of 160
= Rs. 32 lakh
∴ Decrease
= $$\frac{32.5-32}{32.5}$$ × 100
= 1.53%
≈ 1.5%
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The annual savings in the form of provident fund would be:
A. Rs. 48456
B. Rs. 48540
C. Rs. 44856
D. Rs. 45480
A. Rs. 23545
B. Rs. 24435
C. Rs. 23555
D. Rs. 25355
The total amount per month, the family spends on food and entertainment combined together, is:
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B. Rs. 11441
C. Rs. 12315
D. Rs. 12443
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