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Question

If the income of company A in 2014 was Rs 600 crore, what was its expenditure?
  1. Rs 375 crores
  2. Cannot be determined
  3. None of these
  4. Rs 360 crores
  5. Rs 480 crores


Solution

The correct option is A Rs 375 crores
The income of company A in 2014,
=Rs 600 crores
Profit percentage=60
Let the expenditure be Rs x crores
60=(600x)x×100
x=600x60×100
3x=30005x
8x=3000
x=30008=Rs 375 crores

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