Question

Directions: Study the following graph carefully to answer the questions given below.

Account of income and expenditure (in crores) of seven companies in the year 2000

Percentage profit/loss $=\frac{Income-Expenditure}{Expenditure}\times 100$

If the income of company A had increased by $10\%$ in year 2000 from year 1999 was $20\%$. What was its expenditure in 1999? (the value upto two decimal places in crores)

• A. 36.36
• B. 32.32
• C. 30.3
• D. Cannot be determined
• E. None of the above

Answer 1

The correct option is E None of the above

Income of company A in 1999

$=\frac{100}{110}\times 37.5$ crores

$=Rs.34.09$ crores

Let expenditure in 1999 be Rs. x crores

$20=\frac{34.09-x}{x}\times 100$

$0.2x=34.09-x$

$x=\frac{34.09}{1.2}=28.40$ crores