# Difficult Bar Charts Solved QuestionData Interpretation Discussion

Common Information

The bar charts given below shows the details of the "Budgeted I-Tax" collections and the "Actual I-Tax" collections of India in each of the years from 2004-05 to 2008-09. Bar Chart-I shows the details of the Total I-Tax collections and bar chart-II shows the details of the Corporate I-Tax collections.

There are only two categories of taxpayers in India "Individual Taxpayers" and "Corporate Taxpayers". All the figures are in Rs. crores.

$\text{Efficacy Ratio} = \left(\dfrac{\text{Budgeted I -Tax Collections}}{\text{Actual I - Tax Collections}}\right)$

 Q. Common Information Question: 1/4 If the absolute growth of Total I-Tax collections (Budgeted) in the year $2007-08$ as compared to the previous year had been the same as the growth of Total I-Tax collections (Actual) in the year 2008-09 as compared to the previous year, then the Individual I-Tax collections (Budgeted) (in Rs. crores) for the year 2007-08 would have been (Assume all the other values remain the same):
 ✖ A. 135 ✔ B. 145 ✖ C. 120 ✖ D. 115 ✖ E. 125

Solution:
Option(B) is correct

As per the data given in the question there are total two categories of taxpayers Corporate and Individual, which contribute to the Total I-Tax collections.

Table below can be scrolled horizontally

 Budgeted I-Tax collections(In Rs. crore) Actual I-Tax collections(In Rs. crore) Year Total Corporate Individual =(Total - Corporate) Total Corporate Individual = (Total - Corporate) 2004-05 275 235 40 285 240 45 2005-06 345 300 45 335 307 28 2006-07 395 340 55 405 335 70 2007-08 520 425 95 540 430 110 2008-09 730 560 170 715 500 215

Growth of Total I-Tax collections (Actual) in the year $2008-09$ over the previous year:

$= 715 – 540$

$=$ Rs. $175$ crores

Total I-Tax collections (Budgeted) in the year $2006-07$:

$=$ Rs. $395$ crores

⇒ Total I-Tax collections (Budgeted) in the year $2007-08$ would have been:

$= 395 + 175$

$=$ Rs. $570$ crores

⇒ Individual I-Tax collections (Budgeted) for the year $2007-08$ would have been:

$= ( 570 – 425)$

$= \textbf{Rs.145 crores}$