Question

If in the year 2000, the expenditure of company C was Rs 32 lakhs, what was the income of the company in the same year?

• A. Rs 44.2 lakhs
• B. Rs 44.2 lakhs
• C. Rs 46.4 lakhs
• D. Rs 38 lakhs
• E. None of these

Answer 1

The correct option is E None of these

Let the income of company C in year 2000 eb Rs x lakhs % profit = 40%
$\therefore 40=\frac{x-32}{32}\times 100$
$\Rightarrow x-32=\frac{40}{100}\times 32$
$\Rightarrow x=32=12.80$
$\Rightarrow x=32+12.80$
=Rs 44.80 lakhs