Question

If the expenditure of company A in the year 2005 was Rs 3.6 lakhs, then what was the amount of profit earned by it in that year?

• A. Rs 2.52 lakhs
• B. Rs 2.46 lakhs
• C. Rs 1.44 lakhs
• D. Rs 1.31 lakhs
• E. None of these

Answer 1

The correct option is C Rs 1.44 lakhs

$40-\left(\frac{1-3.6}{3.6}\right)\times 100$
$\Rightarrow 40\times 36=100I-360$
$\Rightarrow 144-360=100I$
$\Rightarrow 504=100I$
$\Rightarrow 1-Rs5.04lakhs$
$\therefore Profit=5.04-3.6lakh=Rs1.44lakh$