Discussion Forum



Study the following line graph carefully and answer the questions given below:

Percent Profit Earned By Companies A and B Producing Electronic Goods Over The Years.

Profit Earned = (Total Income) - (Total Investment in the Year)

2622021564_line graph 10.JPG

1)

If the income of Company A in 2007 and that in 2008 were equal and the amount invested in 2007 was  12 lakh, what was the amount invested in 2008?


A) 1087500/-

B) 1085700/-

C) 1245000/-

D) 1285000/-

E) None of these

Answer:

Option A

Explanation:

Investment of A in 2007

= 12 lakh and profit % = 45%

Income of A in 2007 = $\left(12 lakh\times \frac{145}{100}\right)$

= 17.4 lakh

Amount invested by A in 2008 = $\left(17.4 lakh\times \frac{100}{160}\right)$

= (10.875 x 100000) =  1087500/-