Question

If the expenditure of company 'A' in 2010 was Rs 70 lac and income of company A in 2010 was equal to its expenditure in 2011, what was the total income (in lac Rs) of the company A in 2010 and 2011 together?

• A. 175
• B. 131.25
• C. 218.75
• D. Cannot be determined
• E. None of these

Answer 1

The correct option is C 218.75

Expenditure of company A = Rs 70 lac
Then, income of company A in 2010
$=\frac{125}{100}\times 70=Rs87.5lac$
Expenditure of company A in 2011
$=87.5\times \frac{150}{100}=Rs131.25lac$
Hence, required total = Rs(87.5 + 131.25)lac
= Rs 218.75 lac