# Line Charts Questions and Answers

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Two different finance companies declare fixed annual rate of interest on the amounts invested with them by investors. The rate of interest offered by these companies may differ from year to year depending on the variation in the economy of the country and the banks rate of interest. The annual rate of interest offered by the two Companies P and Q over the years are shown by the line graph provided below.

A sum of 475000 was invested in Company Q in 1999 for one year. How much more interest would have been earned if the sum was invested in Company P?

### Answer & Explanation:

Answer: Option D

Explanation:

Difference = [(10% of 475000) - (8% of 475000)]

= (2% of 475000)

= 9500

If two different amounts in the ratio 8:9 are invested in Companies P and Q respectively in 2002, then the amounts received after one year as interests from Companies P and Q are respectively in the ratio?

### Answer & Explanation:

Answer: Option D

Explanation:

In 2000, a part of 3000000 was invested in Company P and the rest was invested in Company Q for one year. The total interest received was 243000 What was the amount invested in Company P?

### Answer & Explanation:

Answer: Option D

Explanation:

Let x be invested in Company P in 2000, the amount invested in Company Q in 2000 = (30 - x)

Total interest received from the two Companies after 1 year

An investor invested a sum of 1200000 in Company P in 1998. The total amount received after one year was re-invested in the same Company for one more year. The total appreciation received by the investor on his investment was?

### Answer & Explanation:

Answer: Option C

Explanation:

Amount received from Company P after one year (i.e., in 1998) on investing 1200000 in it

= [1200000 + (8% of 1200000)]

= 1296000

Amount received from Company P after one year on investing 1296000 in the year 1999

= [1296000 + (10% of 1296000)]

= 1425600

Appreciation received on investment during the period of two years

= (1425600 - 1200000)

= 225600

= 2,25,600.

An investor invested 500000 in Company Q in 1996. After one year, the entire amount along with the interest was transferred as investment to Company P in 1997 for one year. What amount will be received from Company P, by the investor?

### Answer & Explanation:

Answer: Option B

Explanation:

Amount received from Company Q after one year on investment of 500000 in the year 1996

= [500000 + (6.5% of 500000)]

= 532500

Amount received from Company P after one year on investment of 532500 in the year 1997

= [532500 + (9% of 532500)]

= 580425

= 5,80,425.

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