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
If the expenditure of Company G in 2007 was 20% more than its expenditure in the year 2006 and the Company has earned a profit of 10% in 2006. What was the company income in 2006 in crores Rs. ?
Solution
Expenditure of company G in 2007 = 45 cr
=> Expenditure of company G in 2006 = $$\frac{100}{120} * 45$$ = 37.5 cr
Profit earned in 2006 by company G = 10%
=> Income of company G in 2006 = $$\frac{110}{100} * 37.5$$ = 41.25 cr
