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The following Table-I shows the Sales and Earnings of ABC Corporation in the last eight years from…

In 2015 earnings were 200 million and sales were 8 billion, that is 8000 million. The ratio is \(\frac{200}{8000}=\frac{1}{40}\), so earnings to sales is 1 : 40.

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The following Table-I shows the Sales and Earnings of ABC Corporation in the last eight years from 2013-2020, and Table-II shows the percentage of Sales in four different categories in the year 2020. Based on the data in the tables, answer the question:

Table — I: Year—wise Sales and Earnings
Year Sales
(in Rs. Billion)
Earnings
(in Rs. Million)
20133500
20146900
20158200
20167400
20175700
20189800
20198700
202010600
Table — II: Category-wise sales in the year 2020
Category Percentage (%) of Sales
Computers25%
TVs20%
Smartphones40%
Miscellaneous15%

Question: What was the ratio of earnings to sales in 2015?

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Answer and explanation

Correct answer D

In 2015 earnings were 200 million and sales were 8 billion, that is 8000 million. The ratio is 2008000=140\frac{200}{8000}=\frac{1}{40}, so earnings to sales is 1 : 40.

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