67th BPSC: Daily Problem practice Solution for Statistical analysis(Day-9)

Q. Study the following line graph which gives the percentage profit earned by the three companies A, B and C during the period from 2011 to 2016 and answer the questions given below:

Ans:

Percenatage-profit in different years by company A,B and C:

 

Years Company A Company B Company C
2011 15 30 40
2012 30 10 20
2013 20 40 30
2014 40 60 70
2015 70 60 40
2016 45 30 60

 

(a) The income of company B in 2012 was 60 lakhs, which increased by 30% in the year 2013. Find the expenditure of company B in the year 2013.

Ans:

Income of company B in 2013 = 60 + 30% of 60 = 60+18 = 78 lakhs

Percentage profit of company B in 2013 = 40%

Let, expenditure in 2013 = x rs.

x + 40 % of x = 78 lakhs

140x/100 = 78

Therefore, x = 100*78/ 140 = 55.71 lakhs

 

                                                           

(b) If the expenditures of companies A, B and C in the year 2016 were equal and their total income in that year was 870 lakhs, find the profit of each company in that year.

Ans:

Let, the expenditure of each company in 2016  = x rs.

The income of company A in 2016 = x + 45% of x = 145x/100

The income of company B in 2016 = x + 30% of x = 130x/100

The income of company C in 2016 = x + 60% of x = 160x/100

Given,

145x/100 + 130x/100 + 160x/100 = 870 lakhs

  • 435x = 870*100
  • x = 870*100/435 = 200 lakhs

Therefore,

Profit of company A in 2016 = 200*45/100 = 90 lakhs

Profit of company B in 2016 =  200*30/100 = 60 lakhs

Profit of company C in 2016 = 200*60/100 = 120 lakhs

 

(c) If the companies A, B and C had an expenditure of 200 lakhs, 300 lakhs and 400 lakhs respectively in the year 2014, find the ratio of their profits in 2014.            

Ans:

Profit of A in 2014 = 200*40/100 = 80 lakhs

Profit of B in 2014 = 300*60/100 = 180 lakhs

Profit of C in 2014 = 400*70/100 = 280 lakhs

 

The ratio of profit of A, B and C = 80:180:280 = > 4:9:14 ans.

 

(d) If the incomes of companies A, B and C in the year 2015 were equal and their total expenditure in that year was 1,835 lakhs, find the profit of each company in that year.

Ans:

Let, the income of each companies in 2015 = x rs.

Expenditure of company A in 2015 = x*100/170 = 10x/17

Expenditure of company A in 2015 = x*100/160 = 10x/16

 

Expenditure of company A in 2015 = x*100/140 = 10x/14

 

From question,

  • 10x/17 + 10x/16 + 10x/14 = 1835 lakhs
  • 7340x/3808 = 1835 lakhs
  • x = 952 lakhs

Therefore in 2015,

The profit of A = 952*100/ 170 = 392 lakhs

The profit of B = 952*100/160 = 357 lakhs

The profit of C =  952*100/140 = 272 lakhs

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