Question

What is the ratio of the profit earned by the businessman in 2003 and 2006 together to the loss incurred by him in 2002 and 2005 together?

• A. 9:8
• B. 11:8
• C. 17:14
• D. 7:6
• E. 13:12

Answer 1

The correct option is A 9:8

Profit in 2003 = 72000-42000
=Rs 30000
Profit in 2006 = 82000 - 58000
=Rs 24000
$\therefore$ Total Profit = 30000+24000
=Rs 54000
Again, loss in 2002
= 62000-36000=26000
Loss in 2005 = 70000-48000=22000
$\therefore$ Total loss = 26000+22000=48000
$\therefore$ Required ratio = 54000:48000=9:8