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  1. The expenditure of Company X in the year 1998 was Rs. 200 crores and the income of company X in 1998 was the same as its expenditure in 2001. The income of Company X in 2001 was ?
    2. A.

    Rs. 465 crores
    B.

    Rs. 385 crores
    C.

    Rs. 335 crores
    D.

    Rs. 295 crores

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    Answer : Option A

    Explanation :

    Let the income of Company X in 1998 be Rs. x crores.

    Then, 55 = \( \frac { X- 200 } { 200 }\) X 100    =>     x = 310

     

    Therefore Expenditure of Company X in 2001 = Income of Company X in 1998
      = Rs. 310 crores.

    Let the income of Company X in 2001 be Rs. z crores.

    Then, 50 = \(\frac { Z -310 } { 310 } \) X 100  =>     z = 465

    Therefore Income of Company X in 2001 = Rs. 465 crores

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