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The given bar graph shows the income and expenditure (in crores ₹) of a company over 5 years, from 2014 to 2018. Study the bar graph and answer the question that follows. In which of the following years is the ratio of expenditure to income the minimum?

The given bar graph shows the income and expenditure (in crores ₹) of a company over 5 years, from 2014 to 2018. Study the bar graph and answer the question that follows. In which of the following years is the ratio of expenditure to income the minimum? Correct Answer 2014

Given:

There is a company's income and expenditure (in crores ₹) over 5 years, from 2014 to 2018 in the given bar graph.

Concept used:

If we calculate the percentage of expenditure to income for all years, we will find the low percentage to find the minimum ratio of expenditure to income.

Calculation:

The percentage of expenditure to income in 2014 = (175/225) × 100 = 77.77...%

The percentage of expenditure to income in 2015 = (250/280) × 100 = 89.28...%

The percentage of expenditure to income in 2016 = (275/325) × 100 = 84.61...%

The percentage of expenditure to income in 2017 = (300/350) × 100 = 85.71...%

The percentage of expenditure to income in 2018 = (325/350) × 100 = 92.85...%

Here, the percentage of expenditure to income in 2014 is less than in other years. So the ratio of expenditure to income in 2014 will be the minimum.

∴ The ratio of expenditure to income the minimum in 2014

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