Question
Download Solution PDFThe table given below shows the expenditure of two companies in different years.
| Companies | ||
| Years | L | M |
| P | 200 | 500 |
| Q | 150 | 350 |
| R | 300 | 250 |
| S | 100 | 150 |
| T | 400 | 100 |
J1 = The total expenditure of company L in all the 5 years.
J2 = The total expenditure of company M in all the 5 years.
What is the value of (J1 ∶ J2)?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFConcept used:
The concept of the ratio is used
Calculation:
According to the question,
J1 = 200 + 150 + 300 + 100 + 400 = 1150
J2 = 500 + 350 + 250 + 150 + 100 = 1350
J1 : J2 = 1150 : 1350
J1 : J2 = 23 : 27
⇒Hence, The ratio of J1 : J2 is 23 : 27
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