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The line chart given below shows the percentage of net profit of company P and company Q from 2014 to 2018. Net Profit % = \(\frac{({Income}-{Expenditure})}{Expenditure}\times 100\) Which of the following statement(s) is/are correct? I. If the income of company P in the year 2016 was Rs. 7250, then expenditure of the company in that year was Rs.45500. II. If in 2016 the ratio of expenditure of company P to the expenditure of company Q is 4 ∶ 5, then the ratio of income of company P to the income of company Q is 16 ∶ 15.

The line chart given below shows the percentage of net profit of company P and company Q from 2014 to 2018. Net Profit % = \(\frac{({Income}-{Expenditure})}{Expenditure}\times 100\) Which of the following statement(s) is/are correct? I. If the income of company P in the year 2016 was Rs. 7250, then expenditure of the company in that year was Rs.45500. II. If in 2016 the ratio of expenditure of company P to the expenditure of company Q is 4 ∶ 5, then the ratio of income of company P to the income of company Q is 16 ∶ 15. Correct Answer Neither I nor II

Given:

The profit percentage of P in 2016 = 5%

The profit percentage of Q in 2016 = 15%

Concept:

Net profit % = {(Income - Expenditure)/(Expenditure)} × 100

Calculation:

⇒ From statement l =  {(7250 - 45500)/(45500)} × 100 = -84.06% 

⇒ The statement l is the wrong

⇒ ll Let be assume income of P and Q is 16X and 15X respectively and expenditure is 4Y and 5Y respectively

⇒ From the statement, ll can not say anything 

∴ The required result will be "Neither I nor II".

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