Test: Scatter Plot Graph - 2 - GMAT MCQ

The combined Net Profit for both the years  79 and 80 was 29.9  ≈ 30 lakh.
This net profit is calculated  after having paid 55 % tax on the gross profit of that particular year.
So the remaining amount will be 45 % of the gross profit  and this equals  to  INR 30 lakh.
So 100 % of that amount, i.e. the combined gross profit must correspond to 30/45 x 100 = 66.66 » 67 lakh. Hence D option is the correct answer.

Expenditure of the company is : Total Sales – Net Profit.
The difference of the total sales & net profit is highest for the year 1978.

The advertisement expenditure was 2.5 % of the total sales  turnover  

= 2.5/100 x  64 = 1.6.

So the percentage of net Profit = 1.6/15.6 x 100

≈ 10(+) %. Hence D option is the correct answer.

In the year 1983, 2,142,000 tonnes of wheat @ Rs 2,400/tonne will mean an expenditure of  Rs 514 crore.
So the remaining is 587 – 514 = 73 crore, which was spent on importing 328,000 tonnes of rice. So the price of rice = 730,000 / 328 ≈ Rs 2,225 /tonne

Adding up the approximate quantity of wheat and dividing it by the total quantity of food grains
(i.e. wheat + rice) will give us
≈ 5516 / 6126 » 90 %.

The ratio is maximum when the numerator is maximum and the denominator is minimum. In the year 1984 the imports of rice are highest and the imports of wheat is the least which gives the maximum ratio.