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Study the following table and answer the questions that follow. “Graph”The expenditure of company X in the year 2008 was Rs. 200 crores and the income of company X in 2008 was the same as its expenditure in 2011. What is the income of Company X in 2011 ?
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By: anil on 05 May 2019 01.35 am
For the company X, Expenditure in 2008 = 200 crore (given) Profit % in 2008 = 55% => Profit in 2008 = $$frac{55}{100}$$*200 = 110 crore => Income in 2008 = 200+110 = 310 crore [Since, income = exp+profit] Since, income in 2008 = Expenditure in 2011 => Expenditure in 2011 = 310 crore Profit % in 2011 = 50% => Profit in 2011 = $$frac{50}{100}$$*310 = 155 crore => Income in 2011 = 310+155 = 465 crore
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