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Question

The table below presents the percentage profit earned by two companies A and B during the period 2013 to 2018. Based on the data given in the table, answer five questions that follow

Yearwise percentage (%) profit

Year % Profit Earned
AB
201320 %35 %
201432 %30 %
201540 %50 %
201625 %40 %
201730 %30 %
201815 %40 %

[Where profit % = $\frac{Income − Expenditure}{Expenditure} × 100]$

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

This question was previously asked in
UGC NET 2019 Paper 1 Question Paper (5-Dec-2019) (Shift 2)
The correct answer is

2015

To determine the year in which the ratio of income to expenditure of company A is the maximum, we need to understand the relationship between income, expenditure, and profit percentage. The profit percentage of a company is given by the formula:

\(\text{Profit \%} = \left(\frac{\text{Income} - \text{Expenditure}}{\text{Expenditure}}\right) \times 100\)

From the formula, we can derive the ratio of income to expenditure as follows:

\(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{\text{Profit \%}}{100}\)

We'll now calculate this ratio for each year based on the profit percentage given for company A:

  1. For 2013: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{20}{100} = 1.20\)
  2. For 2014: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{32}{100} = 1.32\)
  3. For 2015: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{40}{100} = 1.40\)
  4. For 2016: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{25}{100} = 1.25\)
  5. For 2017: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{30}{100} = 1.30\)
  6. For 2018: \(\frac{\text{Income}}{\text{Expenditure}} = 1 + \frac{15}{100} = 1.15\)

By comparing these calculated ratios, we see that the highest ratio of income to expenditure occurs in 2015, where the ratio is 1.40.

Thus, the year in which the ratio of income to expenditure of company A is the maximum is 2015.

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Important Questions from Tabulation

  1. An object is placed beyond the centre of curvature (C) of a concave mirror. The image formed will be now:
  2. Directions: 

    Using the data from the graph answer the question below: 

    Find the total number of males from sector P and females from sector R together. 

    Ratio of number of male and female employees

     MaleFemale
    P67
    Q59
    R98
    S78
    T35
  3. Directions: 

    Using the data from the graph answer the question below: 

    Number of Employees working in 5 different sector: 

    Find the number of males from sector Q.

     Ratio of number of male and female employees:

     MaleFemale
    P67
    Q59
    R98
    S78
    T35

     

  4. Directions: 

    Using the data from the graph answer the question below: 

    Find the ratio between number of males from the sector T to number of females from the sector S.

  5. Directions: 

    Using the data from the graph answer the question below: 

    Find the total number of males from sector Q and females from sector P together.

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