Direction: 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 its expenditure in 2000 (in crores Rs.) was :
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- 34.34
- 28.28
- 29.09
- 32.32
- None of these
Correct Option: E
As per the given bar graph ,
Income of company Q in 2001 = Rs. 40 crores
From question , we have
Income of company Q in 2000 = | × 40 = Rs. | crores | 110 | 11 |
If expenditure in 2000 be Rs. y crores,
Profit % = | Income – Expenditure | × 100 | |||
Expenditure |
Profit % = | × 100 | y |
⇒ | = | = | 100 | 5 | 11y |
⇒ 5 × 400 – 55y = 11y
⇒ 66y = 2000
⇒ y = | = Rs. 30.30 crores | 66 |
Hence , expenditure in 2000 be Rs. 30.30 crores .