Directions (Questions 32 to 34): The line-graph gives the percent profit earned by a company over the years. % Profit = (Income − Expenditure) × 100 / Expenditure. Percent profit: 1995: 40, 1996: 55,…

Question

Directions (Questions 32 to 34): The line-graph gives the percent profit earned by a company over the years. % Profit = (Income − Expenditure) × 100 / Expenditure. Percent profit: 1995: 40, 1996: 55, 1997: 45, 1998: 65, 1999: 70, 2000: 60. If the income in 1998 was 264 crores, what was the expenditure in 1998 ?

PYQPulse · Accepted Answer

160 crores

PYQPulse · Answer

Explanation: With 65% profit in 1998, Income = 1.65 × Expenditure, so Expenditure = 264/1.65 = Rs. 160 crores.

Answer: C. 160 crores

Explanation

Answer: C. 160 crores

Explanation