1. Study the following graph carefully and answer the questions given below it. Percentage Profit/Loss = $$\frac{Income - Expenditure}{Expenditure}\times100$$Expenditures of company B in 1996 and 1997 are Rs. 12 lakhs and Rs. 14.5 lakhs respectively. What was the total income of company B in 1996 and 1997 together (in lakh rupees)?
 






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  • By: anil on 05 May 2019 01.33 am
    Expenditure of company B in 1996 is 12 lakhs
    Profit percentage (from the graph) is 35%
    Let the income generated be $$I$$.
    So, $$frac{I-12}{12}=frac{35}{100}$$
    Or $$20I - 240 = 84$$
    So, $$I = 16.2$$ lakhs Expenditure of company B in 1997 is 14.5 lakhs
    Profit percentage (from the graph) is 50%
    Let the income generated be $$I$$.
    So, $$frac{I-14.5}{14.5}=frac{50}{100}$$
    Or $$2I - 29 = 14.5$$
    So, $$I = 21.75$$ lakhs Hence, the total income from both the years is 37.95 lakhs
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