Question

If the expenditure of Company Y in 2007 was Rs 220 crores, what was its income in that year?

• A. Rs 312 crores
• B. Rs 283 crores
• C. Rs 297 crores
• D. Rs 275 crores
• E. Rs 261 crores

Hint:

Income = Expenditure × (1 + Profit%).

Answer 1

The Correct Option is C

Using formula: \[ Profit\% = \frac{Income - Expenditure}{Expenditure} \times 100 \] From graph, profit percentage in 2007 gives income: \[ 297 \text{ crores} \]