If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?

R s . 312

crores

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R s . 297

crores

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R s . 283

crores

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R s . 275

crores

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Solution

The correct option is C $R s . 297$ crores
Profit percent of Company Y in 1997 = 35.
Let the income of Company Y in 1997 be Rs. x crores.
Then, $35 = \frac{x - 220}{220} \times 100 \Rightarrow x = 297$
$∴$ Income of Company Y in 1997 = Rs. 297 crores.

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If the expenditure of Company Y in 1997 was Rs. 220 crores, what was its income in 1997 ?

The correct option is C Rs.297 croresProfit percent of Company Y in 1997 = 35.Let the income of Company Y in 1997 be Rs. x crores.Then, 35=x−220220×100⇒x=297∴ Income of Company Y in 1997 = Rs. 297 crores.

The correct option is C $R s . 297$ crores
Profit percent of Company Y in 1997 = 35.
Let the income of Company Y in 1997 be Rs. x crores.
Then, $35 = \frac{x - 220}{220} \times 100 \Rightarrow x = 297$
$∴$ Income of Company Y in 1997 = Rs. 297 crores.