What is the ratio of revenue of company A at the end of the year when Bala was its head to that when Mallik was its head?
Explanation:
Consider the solution for first question of this set.
Company A was headed by Bala in 2018 (+17%) and Mallik in 2019 (-8%).
Let the revenue of A be Rs. x at the end of 2018. ∴ Revenue at the end of 2019 = x × 0.92
⇒ Required ratio = x / 0.92x = 25/23 = 1.087.
Let the revenue of company A
Hence, option (c).
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