Question
Download Solution PDFThe given bar graph shows the profit (in Rs. lakhs) made by a company from 2001-2002 to 2008-2009.
The ratio of the number of years in which the company's profit is above the average profit, to those in which the profit is below the average is:
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Company's profit in 2001-02 = Rs. 650 lakhs
Company's profit in 2002-03 = Rs. 730 lakhs
Company's profit in 2003-04 = Rs. 520 lakhs
Company's profit in 2004-05 = Rs. 680 lakhs
Company's profit in 2005-06 = Rs. 740 lakhs
Company's profit in 2006-07 =Rs. 490 lakhs
Company's profit in 2007-08 = Rs. 660 lakhs
Company's profit in 2008-09 = Rs. 810 lakhs
Concept used:
Average profit =
Calculation:
Average profit =
⇒
⇒ 660
Thus, number of years in which the company's profit is above the average profit = 4
and number of years in which the company's profit is below the average profit = 3
Ratio = 4 : 3
∴ The ratio of the number of years in which the company's profit is above the average profit, to those in which the profit is below the average is 4 : 3.
Last updated on Jul 19, 2025
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