Subject

    Data Interpretation

    Topic

    Line Graph

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

    ক)
    Rs.10, 87,500
    খ)
    Rs.10, 85,700
    গ)
    Rs.12, 45,000
    ঘ)
    Rs.12, 85,000
    ঙ)
    None of these

    Explanation

    Let IA is the investment in 2008 by A. Profit percent of A in 2007 = 45% and in 2008 = 60% Total income = Profit earned + Total investment in the year. Profit earned = (Investment × Profit percentage) ÷ 100 Profit earned by A in 2007 = (12 × 45)/100 = 5.4 lakhs Total income by A in 2007 = 5.4 + 12 = 17.4 lakhs Profit earned by A in 2008 = (IA × 60)/100 = 0.60 × IA Total income of A in 2008 = 1.60 × IA Given both incomes are equal ⇒ 1.60 × IA = 17.4 lakhs ⇒ IA = 17.4/1.6 = 10.875 lakhs ∴ Investment by A in 2008 = Rs.10, 87, 500

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