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Banking Sample Paper IBPS PO (Main) Sample Test Paper-1

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    Directions (Q. 12-16): Study the following pie-chart and graph carefully to answer the questions given below: Income of seven companies in a country during the financial year 2015-16 % profit of these companies during the financial year 2015-16  

    Which of the following companies has recorded the minimum profit (in terms of Rs.) in the given financial year if the combined income of these companies is Rs. 5000 cr?

    A) HCL                

    B) TCS                 

    C)        IBM                 

    D)        LAVA  

    E)        Google

    Correct Answer: C

    Solution :

    Expenditure of HCL \[=5000\times \frac{13}{100}\times \frac{100}{130}=Rs.\,\,500\,\,cr\] Profit of HCL = Rs. (650 - 500) = Rs. 150 cr Expenditure of \[=5000\times \frac{7}{100}\times \frac{100}{125}=Rs.\,\,280\,\,cr\] Profit of IBM = Rs. (350 - 280) = Rs. 70 cr Expenditure of CTS\[=5000\times \frac{14}{100}\times \frac{100}{135}\] \[=Rs.\,\,518.51\,\,cr\] Profit of CTS = Rs. (700 - 518.51) = Rs. 181.49 cr Expenditure of Google\[=5000\times \frac{15}{100}\times \frac{100}{120}\] = Rs. 625 cr Profit of Google = Rs. (750 - 625) = Rs. 125 cr Expenditure of LAVA\[=5000\times \frac{15}{100}\times \frac{100}{127}\] = Rs. 590.55 cr Profit of LAVA = Rs. (750 - 590.55) = Rs. 159.45 cr Expenditure of Oppo\[=5000\times \frac{10}{100}\times \frac{100}{132}\] = Rs. 378.78 cr Profit of Oppo = Rs. (500 - 378.78) = Rs. 121.22 cr Expenditure of TCS\[=5000\times \frac{26}{100}\times \frac{100}{115}\] = Rs. 1130.43 cr Profit of TCS = Rs. (1300 - 1130.43) = Rs. 169.57 cr Hence IBM has minimum profit. Note: (1) We don't need to calculate the exact value of profits for all companies. To save our time, we may compare the (% income \[\times \] % profit) to get the result. In this case \[7\times 25=175\] is the minimum value, so profit in case of IBM is the minimum. (2) But the above method will not work always. To confirm the result we should % income x % profit compare:\[\frac{\text{ }\!\!%\!\!\text{ income }\!\!\times\!\!\text{  }\!\!%\!\!\text{ profit}}{\text{100+ }\!\!%\!\!\text{ profit}}\] In this case also\[\frac{7\times 25}{125}=1.4\]is the minimum.


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