Question

If the amount of profit earned by company A in 2006 was Rs 10.15 lakhs, what was the total investment?

• A. Rs 13.8 lakhs
• B. Rs 14.9 lakhs
• C. Rs 15.4 lakhs
• D. Rs 14.2 lakhs
• E. None of the above

Answer 1

The correct option is E None of the above

$55=\frac{10.15}{I}\times 100$
$\Rightarrow I=\frac{10.15\times 100}{55}$
=Rs 18.45 lakhs