1) If the income of Company A in 2007 and that in 2008 were equal and the amount invested in 2007 was 12 lakh, what was the amount invested in 2008? A) 1087500/- B) 1085700/- C) 1245000/- D) 1285000/- E) None of these Answer: Option AExplanation:Investment of A in 2007 = 12 lakh and profit % = 45% Income of A in 2007 = (12lakh×145100) = 17.4 lakh Amount invested by A in 2008 = (17.4lakh×100160) = (10.875 x 100000) = 1087500/-