Question

If income of an NPO is Rs. 16,000 and deficit is Rs. 4,300, then expenditure is .

• A. Rs 16,000
• B. Rs 4,300
• C. Rs 20,300
• D. Rs 11,700

Answer 1

The correct option is C Rs 20,300

Deficit = Expenditure - Income
i.e. Expenditure = Income + Deficit
= 16,000+ 4,300
= Rs. 20,300