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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 =IncomeExpenditureExpenditure×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
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B
32.32
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C
30.3
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D
Cannot be determined
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E
None of the above
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Solution

The correct option is E None of the above
Income of company A in 1999

=100110×37.5 crores

=Rs.34.09 crores

Let expenditure in 1999 be Rs. x crores

20=34.09xx×100

0.2x=34.09x

x=34.091.2=28.40 crores

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