Question

# If the incomes of the company A in 2007 and 2008 were equal and the amount invested in 2007 was Rs 12 lakhs, what was the amount invested in 2008?

A
Rs 1087500
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B
Rs 1085700
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C
Rs 1245000
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D
Rs 1285000
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E
None of the above
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Solution

## The correct option is A Rs 1087500For the year 2007, 45=P12×100 ⇒P=45×12100=Rs.5.4 lakh ∴ Total income = 12 +5.4 = Rs. 17.4 Lakh ∴ If the amount invested in 2008 was Rs 1 lakh, then 60=17.4−II×100 ⇒160 I=1740 ⇒I=174060=Rs.10.875 lakh =Rs. 1087500

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