Question : The table given below shows the income and expenditure of a company in five years.
| Years | Income | Expenditure |
| L | 800 | 400 |
| M | 600 | 300 |
| N | 500 | 400 |
| P | 900 | 300 |
| Q | 400 | 250 |
What is the difference between total income and total expenditure of the company for these five years?
Option 1: 1260
Option 2: 1650
Option 3: 2040
Option 4: 1550
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Correct Answer: 1550
Solution :
| Years | Income | Expenditure |
| L | 800 | 400 |
| M | 600 | 300 |
| N | 500 | 400 |
| P | 900 | 300 |
| Q | 400 | 250 |
Total Income = 800 + 600 + 500 + 900 + 400 = 3200
Total Expenditure = 400 + 300 + 400 + 300 + 250 = 1650
$\therefore$ Total Income - Total Expenditure = 3200 - 1650 = 1550
Hence, the correct answer is 1550.
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