1. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?
Ask Your Doubts Here
Comments
By: guest on 01 Jun 2017 11.13 pm
Let the income of Company X in 1998 be Rs. x crores. Then, 55 = x - 200 x 100 x = 310. 200 Expenditure of Company X in 2001 = Income of Company X in 1998 = Rs. 310 crores. Let the income of Company X in 2001 be Rs. z crores. Then, 50 = z - 310 x 100 z = 465. 310 Income of Company X in 2001 = Rs. 465 crores.