The given bar graph shows the income and expenditure (in crores ₹) 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 ?
Answer & explanation
Correct answer: option 2
In 2014,
\(\frac{Income}{Expenditure}\) = \(\frac{225}{175}\)
= \(\frac{9}{7}\) = 1.28
In 2016,
\(\frac{Income}{Expenditure}\) = \(\frac{325}{275}\)
= \(\frac{13}{9}\) = 1.44
In 2017,
\(\frac{Income}{Expenditure}\) = \(\frac{350}{300}\)
= \(\frac{7}{6}\) = 1.16
In 2018,
\(\frac{Income}{Expenditure}\) = \(\frac{350}{325}\)
= \(\frac{14}{13}\) = 1.07
So , Ratio of income to expenditure is minimum in 2018 .