Following expenditure was incurred by a company under different heads: table border-collapse: collapse; margin: 10px 0; th, td border: 1px solid #ccc; text-align: left; padding: 8px; th background-color: #f2f2f2; color: #333; tr:nth-child(even) background-color: #f9f9f9 What is the approximate ratio between total tax paid and cost of components over all these years? Option 1: 11 : 117 Option 2: 3 : 70 Option 3: 14 : 138 Option 4: 12 : 141

Answer: 14 : 138. Solution: Total Tax over all years: 32.0 + 34.6 + 38.8 + 42.4 + 42.6 = 190.4 Total Cost of Components over all years: 296 + 332 + 382 + 410 + 428 = 1848 Ratio = 190.4/1848 = 190.4/1848 = 1904/18480= 476/4620= 119/1155=17/164.857... We are asked to find the approximate ratio. The closest to our calculation above would be Option 3, 14:138

Data Interpretation

Tabular Data

Hard

Following expenditure was incurred by a company under different heads:

Year	Salary	Cost of components	Power	Interest	Taxes
2000	288	296	26.4	12.2	32.0
2001	299	332	28.4	14.2	34.6
2002	298	382	26.2	14.8	38.8
2003	305	410	28.6	15.2	42.4
2004	316	428	32.0	14.3	42.6

What is the approximate ratio between total tax paid and cost of components over all these years?

11 : 117

3 : 70

14 : 138

12 : 141

✅ Correct Option: 3

Total Tax over all years:

$32.0 + 34.6 + 38.8 + 42.4 + 42.6 = 190.4$

Total Cost of Components over all years:

$296 + 332 + 382 + 410 + 428 = 1848$

Ratio = $\frac{190.4}{1848}$

= $\frac{190.4}{1848} = \frac{1904}{18480}= \frac{476}{4620}= \frac{119}{1155}=\frac{17}{164.857...}$

We are asked to find the approximate ratio. The closest to our calculation above would be Option 3, $14:138$

Question 2

Total expenditure in 2000 was what percentage of total expenditure in 2003?

Question 3

Which year saw the maximum % increase in salary over the previous year?

What is the approximate ratio between total tax paid and cost of components over all these years?

Solution

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JIPMAT Past Year Questions (Topic-Wise)