The given bar graph shows the profit (in Rs. lakhs) made by a company from 2001-2002 to 2008-2009.

Akash Gautam 26-06-2023 G1

The ratio of the number of years in which the company's profit is above the average profit, to those in which the profit is below the average is:

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SSC CGL 2022 Tier-I Official Paper (Held On : 08 Dec 2022 Shift 4)
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  1. 5 : 3
  2. 4 : 3
  3. 3 : 5
  4. 3 : 4

Answer (Detailed Solution Below)

Option 2 : 4 : 3
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Detailed Solution

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Given:

Company's profit in 2001-02 = Rs. 650 lakhs

Company's profit in 2002-03 = Rs. 730 lakhs

Company's profit in 2003-04 = Rs. 520 lakhs

Company's profit in 2004-05 = Rs. 680 lakhs

Company's profit in 2005-06 = Rs. 740 lakhs

Company's profit in 2006-07 =Rs.  490 lakhs

Company's profit in 2007-08 = Rs. 660 lakhs

Company's profit in 2008-09 = Rs. 810 lakhs

Concept used:

Average profit = \(Sum \: of \: profits \over No. \:of \: years\)

Calculation:

Average profit = \(650+730+520 +680 +740+490+660+810 \over 8\) 

⇒ \(5280 \over 8 \)

⇒ 660

Thus, number of years in which the company's profit is above the average profit = 4

and number of years in which the company's profit is below the average profit = 3

Ratio = 4 : 3 

 The ratio of the number of years in which the company's profit is above the average profit, to those in which the profit is below the average is 4 : 3.

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