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Anmol Budhwar

· started a discussion

· 1 Months ago

how are you calculating income and expenditure... there is no rule or info given to find out that.... i am sure that's the reason student's don't try your site... u guys sucks

Question:

DIRECTIONS: Percentage net profit of two companies over the years


In which year the ratio of income to expenditure of company B is the maximum?

Options:
A) 1994
B) 1995
C) 1996
D) 1997 
E) None of these
Solution:
Ans: (e) The ratio of income to expenditure of company B is


Note: Ratio of income to expenditure is maximum when income is maximum and expenditure is minimum. It is true when profit is the maximum.

Knowledge Expert

· commented

· 1 Months ago

Do remember these basic formulas
Profit =(Income –Expenditure )
Percent profit =(Profit /Expenditure *100)
Loss =(Expenditure-Income )
Loss percent =(Loss/Expenditure *100)

Point to Remember:
Consider Expenditure as 100%
Income as 100+x%
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