Medium

Disclaimer: NTA forgot to print the common data for Questions 31–33 in the candidate response sheet. We reverse-engineered the data based on student memory, so the table below is not the original NTA data. Values are in units of ₹10,000. | Year | X | Y | Z | |---|---:|---:|---:| | 2017 | 173 | 191 | 150 | | 2018 | 163 | 187 | 190 | | 2019 | 247 | 263 | 249 |

If Z's income in 2017 was ₹17,55,000, what was his percent profit in that particular year?

21%

15%

17%

19%

✅ Correct Option: 3

Z's 2017 expenditure is 150 units of ₹10,000: $150\times₹10,000=₹15,00,000$. Income was ₹17,55,000, so profit was $₹17,55,000-₹15,00,000=₹2,55,000$. Profit percentage: $\dfrac{2,55,000}{15,00,000}\times100=17\%$.

Question 31

If expenditure of businessmen X, Y, Z decreased by 5%, 10% and 15%, respectively, from 2019 to 2020, then what was the total expenditure (in ₹10,000) of X, Y and Z in 2020?

Question 33

If the percent profit earned by all the businessmen together in 2018 was 37%, what was the total income (in ₹ 1,000) of all the businessmen together in that particular year?

If Z's income in 2017 was ₹17,55,000, what was his percent profit in that particular year?

Solution

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JIPMAT Past Year Questions (Topic-Wise)