Introduction to Data Interpretation
Direction: Study the following bar graph and answer the questions.
Gross Profit and Net Profit of a company (in lakh of $) for the years 1994-1997:
- For the entire four years as shown, the ratio of total gross profit to total net profit is
-
View Hint View Answer Discuss in Forum
From the given bar diagram , we see
Total gross profit = 30 + 40 + 45 + 50 = 165
Total net profit = 10 + 15 + 25 + 25 = 75
Required ratio = Total gross profit : Total net profitCorrect Option: C
From the given bar diagram , we see
Total gross profit = 30 + 40 + 45 + 50 = 165
Total net profit = 10 + 15 + 25 + 25 = 75
Required ratio = Total gross profit : Total net profit
Required ratio = 165 : 75 = 11 : 5
- The ratio of gross profit to net profit in a year was greatest in the year
-
View Hint View Answer Discuss in Forum
On the basis of given graph in question ,
Gross profit in Year 1994 = 30
Net profit in Year 1994 = 10
Ratio = 30 : 10
Gross profit : net profit in Year 1994 ⇒ 3 : 1
Gross profit in Year 1995 = 40
Net profit in Year 1995 = 15
Gross profit : net profit in Year 1995 ⇒ 40 : 15 = 8 : 3
Gross profit in Year 1996 = 45
Net profit in Year 1996 = 25
Gross profit : net profit in Year 1996 ⇒ 45 : 25 = 9 : 5Correct Option: A
On the basis of given graph in question ,
Gross profit in Year 1994 = 30
Net profit in Year 1994 = 10
Ratio = 30 : 10
Gross profit : net profit in Year 1994 ⇒ 3 : 1
Gross profit in Year 1995 = 40
Net profit in Year 1995 = 15
Gross profit : net profit in Year 1995 ⇒ 40 : 15 = 8 : 3
Gross profit in Year 1996 = 45
Net profit in Year 1996 = 25
Gross profit : net profit in Year 1996 ⇒ 45 : 25 = 9 : 5
Gross profit in Year 1997 = 50
Net profit in Year 1997 = 25
Gross profit : net profit in Year 1997 ⇒ 50 : 25 = 2 : 1
Hence , required answer is 1994 .
- The difference of average gross profit and average net profit calculated for four years is
-
View Hint View Answer Discuss in Forum
According to given bar graph , we have
Required difference = $ 1 (20 + 25 + 20 + 25) lakhs 4
Correct Option: D
According to given bar graph , we have
Required difference = $ 1 (20 + 25 + 20 + 25) lakhs 4 Required difference = 1 × 90 = $ 22.5 lakhs 4
- The percentage of net profit of 1995 as compared to the gross profit in that year is
-
View Hint View Answer Discuss in Forum
From the given bar diagram , we see
The net profit in 1995 = 15
The gross profit in 1995 = 40Required percentage = The net profit in 1995 × 100 The gross profit in 1995
Correct Option: C
From the given bar diagram , we see
The net profit in 1995 = 15
The gross profit in 1995 = 40Required percentage = The net profit in 1995 × 100 The gross profit in 1995 Required percentage = 15 × 100 = 37.5% 40
- The year in which the gross profit is double the net profit
-
View Hint View Answer Discuss in Forum
According to given bar graph , we have
In 1997, Gross profit = $ 50 lakh
Net profit = $ 25 lakhCorrect Option: A
According to given bar graph , we have
In 1997, Gross profit = $ 50 lakh
Net profit = $ 25 lakh
Hence , the gross profit is double the net profit in year 1997.