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Home Questions & Answers Aptitude Mental Ability Question Answers The respective ratio of expenditure of a businessman in 2003 and 2008 was 7:13. If the earned a profit of 19% in 2008, what was his income in that particular year ?

    The respective ratio of expenditure of a businessman in 2003 and 2008 was 7:13. If the earned a profit of 19% in 2008, what was his income in that particular year ?

  • INR 94,060/-
  • INR 93,720/-
  • INR 92,820/-
  • INR 90,560/-
  • INR 88,760/-
  • Explanation:

    Let the common ratio be x

    ∴ 7x = 42000

         x = 6000

    ∴ 13x = 78000

         19 = Profit/78000 × 100

             ⇒ Profit = INR 14,820/-

    ∴  Income = 78000 +14820

                    = INR 92,820/-

     

     


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