Directions: ( 1–5):Read the graph and answer questions .
Income and Expenditure of a company over the year (in lakhs of rupees).
Q1. The ratio of the average income of all the years to the average profit is :
(a) 24 : 13 (b) 48 : 17
(c) 12 : 7 (d) 6 : 5
Q2. Percentage increase in profit in 1986 over 1982 is:
(a) 150 % (b) 120 %
(c) 100% (d) 80%
Q3. The total income exceeds the total expenditure over the year 1982 to 1986 by:
(a) 85 lakhs (b) 105 lakhs
(c) 115 lakhs (d) 120 lakhs
Q4. What is the difference in profit between 1983 and 1984 (in lakhs of rupees) :
(a) No profit (b) 5
(c) 10 (d) 15
Q5. The number of years in which the income is more than the average income of the given year is:
(a) One (b) Two
(c) Three (d) Four
Answer & Explanation Answers with Explanation: Average income = (30 + 50 + 40 + 60 + 60)/ 5= 48 lakhs Total average Profit = [(30 -20) + (50 – 30) + (40 – 30) + ( 60 – 40) + (60 – 35)]/ 5 è 17 lakhs Ratio = 48 : 17 The profit in year 1982 = 30 – 20 = 10 lakhs The profit in year 1986 = 60 – 35 = 25 lakhs Increase in profit = 25 – 10 = 15 lakhs Percentage increase in profit = (15 x 100) / 10 = 150% Total income = 30 + 50 + 40 + 60 + 60 = 240 lakhs Total expenditure = 20 + 30 + 30 + 40 + 35 = 155 lakhs Total income total expenditure = 240 – 155 = 85 lakhs The profit in year 1983 = 50 – 30 = 20 lakhs Profit in the year 1984 = 40 – 30 = 10 lakhs Difference = 20 – 10 = 10 lakhs The average income of the given years è (30 + 50 + 40 + 60 + 60)/ 5 = 240 /5 = 48 lakhs There are 3 years ( 1983, 1985, 1986) in which the income is more than the average of the given years.