Question

The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of Company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was:

• A. Rs. 465 crores
• B. Rs. 335 crores
• C. Rs. 295 crores
• D. Rs. 255 crores

Answer 1

The correct option is A

Rs. 465 crores

Let the income of Company X in 1998 be Rs. x crores.

Then, $55=\frac{x-200}{200}\times 100\Rightarrow x=310.$

$\therefore$ Expenditure of Company X in 2001 = Income of Company X in 1998 = Rs. 310 crores

Let the income of Company X in 2001 be Rs. z crores.

Then, $50=\frac{z-310}{310}\times 100\Rightarrow z=465.$

$\therefore$ Income of Company X in 2001 Rs. 465 crores.