Study the following graph carefully and answer the questions given below it

Q13. The expenditure of company B in 1996 and 1997 is 12 lakh and 14.5 lakh, respectively. What was the total income of the company B in 1996 and 1997 together?

(a) 39.75 lakh

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(b) 37.95 lakh

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(d) 38.5 lakh

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Solution

The correct option is B
(b) 37.95 lakh

In 1996, profit by company B =

$[I n c o m e - e x p e n d i t u r e /_{e x p e n d i t u r e}] \times 100 O r 35 = [I n c o m e - 12 /_{12}] \times 100$

Or, (income – 12) = 12 x 35/100

Or, income = 16.2 lakh

Similarly, income in 1997 = 14.5 x 1.5 = 21.75 lakh.

Therefore, total income of 1996 and 1997 together = (16.2 + 21.75) lakh = 37.95 lakh

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Study the following graph carefully and answer the questions given below it Q13. The expenditure of company B in 1996 and 1997 is 12 lakh and 14.5 lakh, respectively. What was the total income of the company B in 1996 and 1997 together?

Study the following graph carefully and answer the questions given below it

Q13. The expenditure of company B in 1996 and 1997 is 12 lakh and 14.5 lakh, respectively. What was the total income of the company B in 1996 and 1997 together?