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
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B
Rs. 385 crores
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C
Rs. 335 crores
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D
Rs. 295 crores
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Solution
The correct option is B Rs. 465 crores Let the income of Company X in 1998 be Rs. x crores. Then, 55=x−200200×100⇒x=310 ∴ 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=z−310310×100⇒z=465 ∴Income of Company X in 2001 = Rs. 465 crores.