I've not performed this experiment, but based on my understanding:
The RPM should be fairly stable in the decreasing-voltage sequence, right?
Then, the mechanical losses will be fairly stable across that sequence.
We know that* electrical losses correspond to winding voltage and current, so the electrical losses should be dropping to nearly zero at the same time. The zero intercept would seem to reflect mechanical losses.
This makes sense, as, supposing we spin the motor from an external (mechanical) source, and short out the windings, now the electrical loss is zero (assuming the rotor doesn't have any residual field, which may not actually be the case with real silicon steel -- if so, then stator current will be nonzero, dissipating some power in DCR; or if we open-circuit the windings, then there will be nonzero core loss), and all the mechanical losses must be supplied from external torque * RPM = power.
*From where? -- It might not be covered very well in class. As it happens, DCR (series loss due to current flow) and core loss (eddy currents and hysteresis, manifests as an equivalent parallel resistance) are present, and so we can separate them with several tests.
We certainly do not simply multiply the numbers. If those are actual measurements, then for example, 220V * 6.8A = 1496 VA, but measured P was 470W so the power factor is small (470/1496 ~= 0.3 PF), presumably inductive, as motors tend to be. And that's the sum of electrical and mechanical losses. But as we go down to, say, 42V * 3.7A = 155W, we get... well, a lot less than 232W, so maybe those aren't measurements, I don't know what's up with that.
Setting aside the exact voltage and current numbers for a moment: assuming the mechanical losses are constant, then the zero intercept gives pure mechanical losses. Which looks to be around 200W. Which means the remainder at high power (~270W) is electrical, which puts core loss for example at about 200 ohms equivalent.
But I don't know what they mean by "plotting a suitable graph". I can only assume that was covered in lecture or the textbook somewhere.
Tim