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The ratio of the turnover of two companies, XYZ and ABC is 9:8 and the ratio of their expenditures is 17: 15 respectively. Profit is calculated as the difference between turnover and expenditure. If each of the companies posted a profit of 2500, what will be the difference between turnover of XYZ and expenditure of ABC?
  • a)
    7400
  • b)
    7300
  • c)
    7500
  • d)
    7600
  • e)
    7250
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The ratio of the turnover of two companies, XYZ and ABC is 9:8 and th...
Suppose the turnovers of companies XYZ and ABC are 9m and 8m respectively and their expenditures are 17n and 15n respectively.
So, 9m - 17n = 2500 (i)
And 8m - 15n = 2500 (ii)
9 x (ii) - 8 x (i) ⇒ 72m - 135n - 72m + 136n = 22500 - 20000
⇒ n = 2500
Putting in eqn (i), we get, 9m - 42500 = 2500
⇒ 9m = 45000
⇒ m = 5000
Turnover of XYZ is 5000*9= 45000 and expenditure of ABC is 2500*15 = 37500.
The difference is 7500
Hence option 3.
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The ratio of the turnover of two companies, XYZ and ABC is 9:8 and the ratio of their expenditures is 17: 15 respectively. Profit is calculated as the difference between turnover and expenditure. If each of the companies posted a profit of 2500, what will be the difference between turnover of XYZ and expenditure of ABC?a)7400b)7300c)7500d)7600e)7250Correct answer is option 'C'. Can you explain this answer?
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