Question

If the profit earned in 2006 by company B was Rs 812500, what was the total income of the company in the year?

• A. Rs 1250000
• B. Rs 2062500
• C. Rs 1650000
• D. Rs 1825000
• E. None of the above

Answer 1

The correct option is B Rs 2062500

Profti percentage,
$=\frac{Profitearned}{Totalinvestment}\times 100$
$65=\frac{812500}{Totalinvestment}\times 100$
Total investment $=\frac{812500}{65}\times 100$
=Rs 1250000
$\therefore$ Total income,
= Profit earned + Total investment
=Rs (812500+1250000)=Rs 2062500