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?

Open in App

Solution

The correct option is **A** Rs 1087500

For 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

For 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

0

View More

Join BYJU'S Learning Program

Join BYJU'S Learning Program