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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. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?
  • a)
    Rs. 465 crores
  • b)
    Rs. 385 crores
  • c)
    Rs. 335 crores
  • d)
    Rs. 295 crores
  • e)
    Rs. 205 crores
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction: The following line graph gives the percent profit earned b...
Let the income of Company X in 1998 be Rs. x crores.
Then, 55 = x−200/200×100
⇒ x = 310
Therefore Expenditure of Company X in 2001= Income of Company X in 1998
= Rs. 310 crores
Let the income of Company X in 2001 be Rs. z crores.
Then, 50 = z−310/310 × 100
⇒ z = 465
Therefore Income of Company X in 2001 = Rs. 465 crores
Hence, the correct option is (A).
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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. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?a)Rs. 465 croresb)Rs. 385 croresc)Rs. 335 croresd)Rs. 295 crorese)Rs. 205 croresCorrect answer is option 'A'. 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. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?a)Rs. 465 croresb)Rs. 385 croresc)Rs. 335 croresd)Rs. 295 crorese)Rs. 205 croresCorrect answer is option 'A'. 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. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?a)Rs. 465 croresb)Rs. 385 croresc)Rs. 335 croresd)Rs. 295 crorese)Rs. 205 croresCorrect answer is option 'A'. 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. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?a)Rs. 465 croresb)Rs. 385 croresc)Rs. 335 croresd)Rs. 295 crorese)Rs. 205 croresCorrect answer is option 'A'. Can you explain this answer?.
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