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ul("Income") is related to ul("Expenditu...

`ul("Income")` is related to `ul("Expenditure")` in the same way as `ul("Profit")` is related to ........?

A

Balance

B

Loss

C

Sale

D

Receipts

Text Solution

AI Generated Solution

The correct Answer is:
To solve the analogy question, we need to understand the relationship between the terms provided. ### Step-by-Step Solution: 1. **Identify the relationship between the first pair of terms:** - The first pair is "Income" and "Expenditure." - Income refers to the money earned or received, while Expenditure refers to the money spent. - These two terms are opposites; when income increases, expenditure can either increase or decrease, but they are fundamentally different concepts. **Hint:** Think about how income and expenditure affect each other. 2. **Determine the relationship for the second pair:** - The second pair is "Profit" and the unknown term. - Profit is the financial gain after subtracting expenses (or expenditure) from income. It represents the amount left over after costs are deducted. **Hint:** Consider what happens to profit when expenses exceed income. 3. **Identify the opposite of Profit:** - Since profit indicates a gain, the opposite of profit would be a situation where expenses exceed income, which is known as "Loss." - Therefore, if income is related to expenditure as profit is related to loss, we can conclude that loss is the term that fits in the blank. **Hint:** Reflect on what happens when you incur more costs than you earn. 4. **Select the correct option:** - From the options given: - Option 1: Balance (not the opposite of profit) - Option 2: Loss (correct, as it is the opposite of profit) - Option 3: Sale (not related) - Option 4: Receipt (not related) - The correct answer is Option 2: Loss. **Hint:** Eliminate options that do not fit the relationship established. ### Final Answer: The term that relates to "Profit" in the same way "Expenditure" relates to "Income" is **Loss**.

To solve the analogy question, we need to understand the relationship between the terms provided. ### Step-by-Step Solution: 1. **Identify the relationship between the first pair of terms:** - The first pair is "Income" and "Expenditure." - Income refers to the money earned or received, while Expenditure refers to the money spent. - These two terms are opposites; when income increases, expenditure can either increase or decrease, but they are fundamentally different concepts. ...
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