Line chart
Direction: These questions are based on the information give in the following graph.
- Gopal invested an amount of Rs. 25,000 in company A in 2003 for one year. Thereafter in 2004 he invested the amount along with interest in Company 'B' for one year? What was the total amount of interest earned in the two years together?
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Simple interest formula I = P x R x T where
P is the Principal amount of money to be invested at an Interest Rate R% per period for T Number of Time Periods.Correct Option: C
Simple interest formula I = P x R x T where
P is the Principal amount of money to be invested at an Interest Rate R% per period for T Number of Time Periods.
Interests earned by Gopal from Company A in 2003 = 25000 x 12 x 1/100
Interests earned by Gopal from Company A in 2003 = 250 x 12 = 3000
Total amount in the end of year 2003 = 25000 + 3000 = 28000
Interests earned by Gopal from Company B in 2004 = 28000 x 14 x 1/100
Interests earned by Gopal from Company B in 2004 = 280 x 14
Interests earned by Gopal from Company B in 2004 = 3920
Total interests accrued by Gopal in 2003 and 2004 from company A and company B = 3000 + 3920
Total interests accrued by Gopal in 2003 and 2004 from company A and company B = Rs. 6920
Direction: Study the graph carefully to answer the questions that follow.
- What is the approximate average profit made by company A in all the years together?
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Average profit made by company A in all the years = Rs. (3 + 5 + 4 + 5 + 6 + 6)/6
Correct Option: C
Average profit made by company A in all the years = Rs. (3 + 5 + 4 + 5 + 6 + 6)lakhs/6
= Rs. 29 /6 ≈ Rs. 4.83 lakh = Rs. 4,83,000
- If the expenditure of company B in the year 2008 was Rs. 22,11, 430, what was its income in that year?
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Expenditure of Company B in 2008 = Rs. 22,11,430 and their profit = Rs. 4,00,000
Correct Option: A
Expenditure of Company B in 2008 = Rs. 22,11,430 and their profit = Rs. 4,00,000
Since, Income = 22,11,430 + 4,00,000 = Rs. 26,11,630
- If the income of company A in the year 2007 was Rs. 13,54,500. what its expenditure in that year?
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In 2007, income of Company A = Rs. 13,54,300 and their profit = Rs. 6,00,000
Correct Option: B
In 2007, income of Company A = Rs. 13,54,300 and their profit = Rs. 6,00,000
Since, their Expenditure = 13,54,300 - 6,00,000 = Rs. 7,54,300
- Profit made by Company A in the year 2004 was what percent of the total profit made by all the three companies in that year?
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% Profit made by Company A in the year 2004 = (profit made by A in 2004) x 100/Total profit made by other all 3 companies.
Correct Option: C
% Profit made by Company A in the year 2004 = (profit made by A in 2004) x 100/Total profit made by other all 3 companies.
% Profit made by Company A in the year 2004 = 5 x 100/(3 + 5 + 8 ) = 5 x 100/16 = 31.25%