The given table shows the expenditure in (in crores ₹) of three companies A, B and C, and the percentage profit of these companies in different years. Given that:
Income = Expenditure + Expenditure × %
| Years | Company A | Company B | Company c | |||
| Exp. | Profit | Exp. | Profit | Exp. | Profit | |
| 2002 | 24 | 50% | 20 | 40% | 40 | 45% |
| 2003 | 30 | 45% | 15 | 25% | 50 | 55% |
| 2004 | 36 | 40% | 25 | 35% | 60 | 65% |
| 2005 | 40 | 60% | 35 | 48% | 80 | 75% |
What is the income (in crore ₹) of Company C in the year 2003?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 77.5.
Income = Expenditure + Expenditure ×
Income (in crore ₹) of Company C in 2003 = 50 + 50 × (55/100)
= 50 + 55/2 = 50 + 27.5 = 77.5