Directions (Q. Now. 1-5): Study the following graph carefully and answer the questions that follow.
Per cent rise in profit of two companies A and B from the year 1994 to 1999
Q1. If the profit earned by company A in the year 1995 was Rs. 1.96 lakh, what was the profit earned by the company in the years 1996?
(a) Rs. 2.12 lakh
(b) Rs. 2.45 lakh
(c) Rs. 2.04 lakh
(d) Cannot be determined
(e) None of the above
Q2. Which of the following statements is true with respect to the above graph?
(a) Company B made the highest profit in the year 1999
(b) Company A made the least profit in the year 1995
(c) The ratio of the profits earned by company A and company B in the year 1996 was 6 : 5
(d) Company A made the highest profit in the year 1998
(e) All of the above
Q3. What was the percentage increase in per cent rise in profit of company B in the year 1999 from the previous year?
(a) 25
(b) 15
(c) 50
(d) 75
(e) None of the above
Q4. If the profit earned by company B in the year 1998 was Rs. 4.56 lakh, what was the amount of profit earned by it in the year 1996?
(a) Rs. 2.16 lakh
(b) Rs. 3.04 lakh
(c)Rs. 2.42 lakh
(d) Cannot be determined
(e) None of the above
Q5. What was the average per cent rise in profit of company A over all the years together?
Answer & Explanation 1.
2. (a);According to the graph, it is clear that the profit of companies A and B increased every year. Minimum profit in the year 1994 and maximum profit in the year 1999 by both companies.Ratio cannot be determined because numerical values are not given. So, only Statement A is true.
3.
4.
5.
