Data Interpretation Practice Test 4

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Directions (82-89): Study the following graph carefully to answer these questions.Per cent profit earned by two companies producing electronic goods over the years
% Profit

= \text"Profit Earned"/\text"Total Investment"×100

Profit Earned = Total Income - Total Investment in the year

Question : 85 of 89

Marks: +1, -0

If the incomes of Company A in 2007 and 2008 were equal and the amount invested in 2007 was Rs 12 lakhs, what was the amount invested in 2008?

Rs 10,87,500
Rs 20.70 lakhs
Rs 18.70 lakhs
Rs 20.15 lakhs
None of these

Validate

Solution:

\table \Year ,\Investment + ,\Profit ,\Income;2007, {12,00,000} ,{5,40,000 },{17,40,000};2008 ,x ,60%, {17,40,000}

x+x×60/100=17,40,000

⇒160/100x=17,40,000

x = Rs 10,87,500

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