1.  If the expenditures in 1996 and 1999 are equal, then the approximate ratio of the income in 1996 and 1999 respectively is?

A. 1 : 1
B. 2 : 3
C. 13 : 14
D. 9 : 10
E. Cannot be determined

Answer: Option D

Explanation:

Let the expenditure in 1996 = x.

Also, let the incomes in 1996 and 1999 be I1 and I2 respectively.

Then, for the year 1996, we have:

55 =I1 - xx 100  =>  55=I1- 1 

x100x

=>   I1 =  155x / 100 -------- (i)

70 =I2 - xx 100  =>  70=I2- 1  

x100x


=>   I2 =  170X / 100 ----- (ii)

From (i) and (ii), we get:

   I1=
(155x)
100
=155=>0.91=> 9 : 10.
I2
(170x)
100
1701