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Profit, Revenue and Expenditure Analysis

CAT 1996 Slot 1 · Data Interpretation & Logical Reasoning · Medium · DILR

This is a medium Data Interpretation & Logical Reasoning question set from the CAT 1996 Slot 1 paper. It tests DILR. The full answer key and a step-by-step explanation are below — try it yourself first, then reveal the solution.

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Passage / data set

Bar chart showing Profit, Revenue, and Expenditure (in Lakhs) for years 1989 to 1995:

  • 1989: Profit = 20, Revenue = 120, Expenditure = 102
  • 1990: Profit = 25, Revenue = 130, Expenditure = 110
  • 1991: Profit = 30, Revenue = 145, Expenditure = 115
  • 1992: Profit = 40, Revenue = 165, Expenditure = 125
  • 1993: Profit = 50, Revenue = 185, Expenditure = 135
  • 1994: Profit = 60, Revenue = 200, Expenditure = 140
  • 1995: Profit = 70, Revenue = 220, Expenditure = 150

Question 1 of 2

The average revenue collected in the given 7 years is approximately:

  1. A.

    Rs. 164 lakh

  2. B.

    Rs. 168 lakh

  3. C.

    Rs. 171 lakh

  4. D.

    Rs. 175 lakh

Answer

B

Explanation

Sum of revenues =120+130+145+165+185+200+220=1165= 120 + 130 + 145 + 165 + 185 + 200 + 220 = 1165. Average =1165/7=166.42≈Rs. 168 lakh= 1165 / 7 = 166.42 \approx \text{Rs. 168 lakh}.

Question 2 of 2

The expenditure for the 7 years together form what per cent of the revenues during the same period?

  1. A.

    75%

  2. B.

    67%

  3. C.

    62%

  4. D.

    83%

Answer

A

Explanation

Total expenditure =102+110+115+125+135+140+150=877= 102 + 110 + 115 + 125 + 135 + 140 + 150 = 877. %=8771165×100≈75%\% = \frac{877}{1165} \times 100 \approx 75\%.

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