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  1. If the interest on loans amounted to Rs. 2.45 crores then the total amount of expenditure on advertisement, taxes and research and development

    2. A.

    Rs. 7 crores
    B.

    Rs. 5.4 crores
    C.

    Rs. 4.2 crores
    D.

    Rs. 3 crores

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    Answer : Option C

    Explanation :

    Let the total expenditure be Rs. x crores.

    Then, 17.5% of x = 2.45     =>     x = 14.

    Therefore Total expenditure = Rs. 14 crores.

    and so, the total expenditure on advertisement, taxes and Research and Development

        = Rs. [(15 + 10 + 5)% of 14] crores

        = Rs. [30% of 14] crores

        = Rs. 4.2 crores.

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