Discussion :: Line charts
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If the incomes of two Comapanies were equal in 1999, then what was the ratio of expenditure of Company X to that of Company Y in 1999 ?
Answer : Option D
Explanation :
Let the incomes of each of the two Companies X and Y in 1999 be Rs. x.
And let the expenditures of Companies X and Y in 1999 be E1 and E2 respectively.
Then, for Company X we have
50 = \(\frac { X - E1} { E1 } \) x 100 \(\frac { 50 } {100}\)= \(\frac { X } { E1 } \) -1 x = \( \frac { 150 } { 100 } \) E1 ... (i)
Also, for Company Y we have:
60 = \(\frac { X - E2} { E2 } \) x 100 \(\frac { 60 } {100}\) = \(\frac { X } { E2 } \) -1 X = \( \frac { 160 } { 100 } \) E2.. (ii)
From (i) and (ii), we get:
\( \frac { 150 } { 100 } \) E1 = \( \frac { 160 } { 100 } \) E2 \( \frac { E1} { E2 }\) = \( \frac { 160 } { 150 } \) = \(\frac { 16 } {15 }\) (Required ratio)
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