The given bar graph shows the income and expenditure (in crores Rs.) of a company over 5 years, from 2014 to 2018. Study the bar graph and answer the question that follows.

In which of the following years is the ratio of income to expenditure the minimum?

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SSC CGL 2021 Tier-I (Held On : 18 April 2022 Shift 3)
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  1. 2017
  2. 2018
  3. 2014
  4. 2016

Answer (Detailed Solution Below)

Option 2 : 2018
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Detailed Solution

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Given data:

Year

Income

Expenditure

2014

225

175

2015

280

250

2016

325

275

2017

350

300

2018

350

325

Calculations:

Ratio of Income to expenditure for respective years-

Year

Income

Expenditure

        

2014

225

175

225 /175 = 1.29

2015

280

250

280 / 250 = 1.12

2016

325

275

325 / 275 = 1.18

2017 

350

300

350 / 300 = 1.16

2018

350

325

350 / 325 = 1.08

The income-expenditure ratio is the minimum in the year 2018.

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