The expenditure of company X in the year 2008 was Rs. 200 crores and the income of company X in 2008 was the same as its expenditure in 2011. What is the income of Company X in 2011 ?

Solution

For the company X,

Expenditure in 2008 = 200 crore (given)

Profit % in 2008 = 55%

=> Profit in 2008 = $$\frac{55}{100}$$*200 = 110 crore

=> Income in 2008 = 200+110 = 310 crore [Since, income = exp+profit]

Since, income in 2008 = Expenditure in 2011

=> Expenditure in 2011 = 310 crore

Profit % in 2011 = 50%

=> Profit in 2011 = $$\frac{50}{100}$$*310 = 155 crore

=> Income in 2011 = 310+155 = 465 crore

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