Question
If the profit earned by Company Z in financial year 2012
was Rs.666 lakh, what was the ratio of total income to total expenditure of the company that year ? Study the graph carefully to answer the questions that follow: Percent profit earned by three companies over the given yearsSolution
Percent profit earned by Company Z in 2012= 45% ∴ 45% of Expenditure = 666 ⇒ Expenditure = (666 × 100)/45 = 1,480 ∴ Total income = 1,480 + 666 = 2,146 ∴ Reqd. Ratio = 2146: 1480 = 29: 20
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