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 expenditure of company G in 2000 was $20\%$ more than its expenditure in the year 1999 and the company has earned a profit of $10\%$ in 1999, what was the company income in 1999 in crores Rs?

• A. 37.5
• B. 41.25
• C. 34.09
• D. Cannot be determined
• E. None of these

Answer 1

The correct option is B 41.25

Expenditure of company G in $1999=\frac{100}{120}\times 45$

= Rs. 37.5 crores

Let its income in 1999 be 1 crores

$\therefore 10=\frac{1-37.5}{37.5}\times 100$

$\Rightarrow 3.75=1-37.5$

$\Rightarrow 1=Rs.41.25$ crores.