For company R, if the expenditure had increased by 20% in the year 2001 from the year 2000 and company had earned profit of 10% in 2000, the company’s income in year 2000 (in crore).
For company R, if the expenditure had increased by 20% in the year 2001 from the year 2000 and company had earned profit of 10% in 2000, the company’s income in year 2000 (in crore). Correct Answer 41.67
Expenditure in 2001 of R = 45Expenditure in 2000 of R
$$\eqalign{& = 45 \times \frac{100}{120} \cr& = 37.5 \cr} $$
The income of company in 2000
$$\eqalign{& = 37.5 \times \frac{100}{90} \cr& = 41.67 \cr} $$
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