Directions (Next Five Questions) : Refer to the line graph and answer the given questions.
Data related to Income and Expenditure
(In INR hundred) of a Businessman During 7 years
Note :
(1) Profit = Income – Expenditure
(2) Loss = Expenditure – income
(3) Percent profit = (Profit/Expenditure) × 100
(4) Percent Loss = (Loss/Expenditure) × 100
(Applicable only to the following question)
What are the respective ratio between profit earned by the businessman in 2003 and 2006 together and loss incurred by him in 2002 and 2005 together ?
- 9:8
- 11:8
- 17:14
- 7:6
- 13:12
- Explanation:
Profit in 2003 = 72000-42000 = INR 30,000/-
Profit in 2006 = 82000-58000 = INR 24,000/-
Total Profit = INR 54,000/-
Loss in 2002 = 62000 - 36000 = INR 26,000/-
Loss in 2005 = 70000 - 48000 = INR 22,000/-
Total Loss = INR 48,000/-
∴ Required ratio = Total Profit : Total Loss
= 54000 : 48000
= 9 : 8
