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shivani bhatt

· started a discussion

· 1 Months ago

expenditure and income related di (Question:216836.0)

can you please explain how we have taken 1.22

Question:

DIRECTIONS: Study the following line–graph and carefully and answer the questions that follow.

The graph shows the income (in Rs. Lakh) and percentage of profit of five shopkeepers in 2016.


What is the expenditure of Dinesh in 2016 approximately?

Options:
A) Rs.133.33 lakhs
B) Rs. 143 lakhs
C) Rs. 152.2 lakhs
D) Rs. 110 lakhs
Solution:

Ans: (a) Income of Dinesh = Rs. 160 lakhs

Profit % = 20%

Expenditure = 160/1.2 = Rs. 133.33 lakhs

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