Data Interpretation - Bar Charts - Discussion

Discussion Forum : Bar Charts - Bar Chart 10 (Q.No. 5)
Directions to Solve

The following bar graph shows the Income and Expenditures (in million US $) of five companies in the year 2001. The percent profit or loss of a company is given by

% Profit/Loss = Income - Expenditure x 100
Expenditure

Income and Expenditure (in million US $) of five companies in the year 2001.


5.
If the income of Company Q in 2001 was 10% more than its income in 2000 and the Company had earned a profit of 20% in 2000, then its expenditure in 2000 (in million US $) was?
28.28
30.30
32.32
34.34
Answer: Option
Explanation:

Let the income of Company Q in 2001 = x million US $.

Then, income of Company in 2001 = ( 110 x x ) million US $.
100

Therefore 110x = 40     =>     x = ( 400 ) .
100 11

i.e., income of Company Q in 2000 = ( 400 ) million US $.
11

Let the expenditure of Company Q in 2000 be E million US $.

Then, 20 = [(400/11) - E] x 100     [Ref %Profit = 20% ]
E

=>     20 = [ ( 400 ) - 1 ] x 100
11E

=>     E = 400 x 100 = 30.30.
11 120

Therefore Expenditure of Company Q in 2000 = 30.30 million US $.

Discussion:
7 comments Page 1 of 1.

Aastik kumar yadav said:   10 months ago
At first, assume the income of company Q in 2000 be x.
Since the income has been increased by 10% in 2001, So income in 2001 will be x + 10% of x = 1.1x.
And in the graph it is given that income in 2001 is 40 so the Equation will be :1.1x =40.
x=40/1.1=36.36.
Here 36.36 is the income of company Q in 2000.
In the question it is given that profit of the company in 2000 is 20%.
Expenditure of company in 2000 =?,
Now, profit=income -expenditure/exp *100
20=36.36 - exp/exp * 100.
Then, exp = 30.30.
(3)

Tshogyel said:   5 years ago
Step 1: 20 = (36.36-E /E) * 100.
Step 2: 20*E =[36.36-E] * 100.
Step 3: 20E = 3636-100E.
Step 4: 20E + 100E=3636.
Step 5: 120E = 3636.
Step 6: E = 3636/120 = 30.3.
(7)

Ankur said:   9 years ago
Please tell me the basic method of expenditure and how to calculate the solution?

Manav Pawar said:   3 years ago
@Tshogyel).

How 36.36? Please explain me.
(3)

Sylarsage said:   5 years ago
How is 120 come? Please tell me.
(1)

Harman Singh said:   8 years ago
How to solved this? tell me.

Twinkle said:   6 years ago
How this 120 came?
(1)

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