Question : Directions: Study the bar chart given below and answer the following questions:
If the income of company Q in 2001 was 10% more than that in 2000 and the company had earned a profit of 20% in 2000, then expenditure in 2000 (in Rs. crore) was:
Option 1: 34.34
Option 2: 30.30
Option 3: 29.09
Option 4: 32.32
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Correct Answer: 30.30
Solution :
The income of company Q in the year 2001 = Rs. 40 crore
The income of company Q in the year 2000 = $\frac{40}{(100+10)}$ × 100 = Rs. 36.36 crore
We have, the profit percent in the year 2000 = 20%
The expenditure of company Q in the year 2000 = $\frac{36.36}{(100+20)}$ × 100 = Rs. 30.30 crore
Hence, the correct answer is 30.30.
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