Discussion Forum

 For company R if the expenditure had increased by 20% in the year 2001 from the year 2000 and the company had earned profit of 10% in 2000, the company's income in 2000 was (in crore )

Answer:

Explanation:

 Expenditure of company R in 2000 = $\frac{45\times100}{120}$ = 37.5 Crores

Let the incdrne of company in 2000 be x crores

10 = $\frac{x-37.5}{37.5}\times100$

$x - 37.5= \frac{37.5\times10}{100}$ = $x-37.5=3.75 = 41.25 crores$