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GATE 2020 BM – Question 10

General Aptitude · Quantitative Aptitude: Data Interpretation, Arithmetic and Number Computation · 2 marks · Multiple choice

The chart gives annual profit percentages of companies P and Q for 2013–2018. Both invest the same fixed amount every year. Find the ratio of total revenue of P to total revenue of Q over these years.

Diagram for GATE 2020 BM question 10
  1. 15:17
  2. 16:17
  3. 17:15
  4. 17:16

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Show answer and explanation

Correct answer: (B) 16:17

Explanation

The chart gives P percentages 10,20,40,40,50,40, totaling two hundred; Q gives 20,30,30,50,60,60, totaling two hundred fifty. If annual investment is I, total revenue is investment plus profit: P=6I+2I=8I and Q=6I+2.5I=8.5I. Ratio=16:17, B. Comparing profit totals alone would omit invested capital.

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