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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


Team Careers360 6th Jan, 2024
Answer (1)
Team Careers360 12th Jan, 2024

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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