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Instructions
Study the following graph carefully and answer the questions given below it :
Account of income and expenditure (in crores) of seven companies in the year 2007
Question 157
If the income of Company A had increased by 10% in year 2007 from year 2006 and profit earned in 2006 was 20%, what was its expenditure in 2006 ? (The value upto two decimal places in crores)
Solution
Income of company A in 2007 = 37.5 cr
=> Income of company A in 2006 = $$\frac{100}{110} * 37.5$$ = 34.09 cr
Profit % in 2006 = 20%
=> Expenditure of company A in 2006 = $$\frac{100}{120} * 34.09$$ = 28.40 cr
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