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Direction: The following line graph gives the percent profit earned by two Companies X and Y during the period 1996 - 2001.
Percentage profit earned by Two Companies X and Y over the Given Years
% Profit = Income - Expenditure/Expenditure × 100
Q. If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?
  • a)
    Rs. 312 crores
  • b)
    Rs. 297 crores
  • c)
    Rs. 283 crores
  • d)
    Rs. 275 crores
  • e)
    Rs. 375 crores
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Direction: The following line graph gives the percent profit earned b...
Profit percent of Company Y in 1997 = 35
Let the income of Company Y in 1997 be Rs. x crores.
Then, 35 = x-220/220×100
x = 297
∴ Income of Company Y in 1997 = Rs. 297 crores.
Hence, the correct option is (B).
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Direction: The following line graph gives the percent profit earned by two Companies X and Y during the period 1996 - 2001.Percentage profit earned by Two Companies X and Y over the Given Years% Profit = Income - Expenditure/Expenditure × 100Q. If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?a)Rs. 312 croresb)Rs. 297 croresc)Rs. 283 croresd)Rs. 275 crorese)Rs. 375 croresCorrect answer is option 'B'. Can you explain this answer?
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Direction: The following line graph gives the percent profit earned by two Companies X and Y during the period 1996 - 2001.Percentage profit earned by Two Companies X and Y over the Given Years% Profit = Income - Expenditure/Expenditure × 100Q. If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?a)Rs. 312 croresb)Rs. 297 croresc)Rs. 283 croresd)Rs. 275 crorese)Rs. 375 croresCorrect answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Direction: The following line graph gives the percent profit earned by two Companies X and Y during the period 1996 - 2001.Percentage profit earned by Two Companies X and Y over the Given Years% Profit = Income - Expenditure/Expenditure × 100Q. If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?a)Rs. 312 croresb)Rs. 297 croresc)Rs. 283 croresd)Rs. 275 crorese)Rs. 375 croresCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: The following line graph gives the percent profit earned by two Companies X and Y during the period 1996 - 2001.Percentage profit earned by Two Companies X and Y over the Given Years% Profit = Income - Expenditure/Expenditure × 100Q. If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?a)Rs. 312 croresb)Rs. 297 croresc)Rs. 283 croresd)Rs. 275 crorese)Rs. 375 croresCorrect answer is option 'B'. Can you explain this answer?.
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