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SSC CGL 2024 PYQ — Question 61

SSC CGL - 24 Sep 2024 - Shift 1 • Quantitative Aptitude • Q61

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The given table shows the expenditure ( in crore Rs ) of A, B and C and the percentage profit of these companies in different years. Given that

Income = Expenditure + Expenditure × profit100\frac{profit}{100}

Years Company A Company B Company C
Expenditure Profit Expenditure Profit Expenditure Profit
2002 24 50% 20 40% 40 45%
2003 30 45% 15 25% 50 55%
2004 36 40% 25 35% 60 65%
2005 40 60% 35 48% 80 75%

what is the difference (in crores) between the profit of Company A and Company B  in the year 2005?

Show answer & explanation

Correct answer: A

Explanation

The correct answer is option 1 i.e. 7.2.

 Income = Expenditure + Expenditure × profit100\frac{profit}{100}

Profit = Income - Expenditure

In 2005:

Profit of company A =  40 × 60100\frac{60}{100} = 24

Profit of company B =  35 × 48100\frac{48 }{100} = 16.8

Difference = 24 - 16.8 = 7.2