Step 1: Identify Salaries percentage.
Salaries = 40%.
Step 2: Calculate amount.
Total expenses = Rs. 500 lakh.
Salaries = 40% × 500 = (40 ÷ 100) × 500 = 0.4 × 500 = 200 Rs. lakh.
Step 3: Verify.
0.4 × 500 = 200.
Alternatively, 40% = 2/5, so (2/5) × 500 = 200.
Step 4: Check options.
Options: (1) 180, (2) 190, (3) 200, (4) 210.
Our result matches Option (3).
Step 5: Cross-check.
Total expenses = 500, 40% = 200. No calculation errors.
Step 6: Conclusion.
Option (3) is correct — Salaries amount = 200 Rs. lakh.