Question

If the income of company A in 2014 was Rs 600 crore, what was its expenditure?

• A. Rs 360 crores
• B. Rs 480 crores
• C. Rs 375 crores
• D. Cannot be determined
• E. None of these

Answer 1

The correct option is C Rs 375 crores

The income of company A in 2014,
=Rs 600 crores
Profit percentage=60
Let the expenditure be Rs x crores
$\therefore 60=\frac{(600-x)}{x}\times 100$
$x=\frac{600-x}{60}\times 100$
$3x=3000-5x$
$\Rightarrow 8x=3000$
$\Rightarrow x=\frac{3000}{8}$=Rs 375 crores