Directions (6-10): study the following graph to answer the questions.
Percent profit earned by two companies 1 & 2 over the years
Profit = Income – Expenditure
Q6. The income of company 1 in 1998 was Rs 142500. What was its expenditure in that year? (in lakhs)
(a) 1.056
(b) 1.5
(c) 2
(d) 2.5
(e) 1.75
Q7. Expenditure of company 2 in years 1996 & 1997 were in ratio 5 : 7 respectively. What was the ratio of their incomes?
(a) 182 : 107
(b) 101 : 191
(c) 101 : 103
(d) 5 : 9
(e) 115 : 182
Q8. Total expenditure of companies 1 & 2 together in 2001 was 13.5 lakh. What was total incomes of the two companies in that year?
(a) 15.5
(b) 17.5
(c) 18
(d) 16.5
(e) Can’t be determined
Q9. If expenditure of company 1 in 1997 was 70 lakh & income of company 1 in 1997 was equal to its expenditure in 1998. What was total income of company 1 in 1997 & 1998 together? (in lakhs)
(a) 204.75
(b) 205.625
(c) 200.5
(d) 210.2
(e) 208
Q10. If the expenditure of company 2 in 2001 was 1.5 lakh, what was its income in same year? (in lakhs)
(a) 2.25
(b) 1.75
(c) 1.5
(d) 1.95
(e) 1.85
Answer & Explanation
