Question

If the expenditures of both the Companies A and B in the year 1997 was equivalent, then what was the ratio between the income of Company A to Company B?

• A. 15 : 6
• B. 6 : 15
• C. 16 :15
• D. 17 :15
• E. None of these

Answer 1

The correct option is D

17 :15

$\frac{Income-Expenditure}{expenditure}\ast 100=Profit$

$expenditure=\frac{100I}{(100+p)}$

Since expenditures are the same, $\frac{100I_1}{(100+P_1)}=\frac{100I_1}{100+P_2}$,

on calculating we get $\frac{I_1}{I_2}=\frac{17}{15}$