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If the expenditure of company A in 1997 ...


If the expenditure of company A in 1997 was Rs. 70 lakhs and income of company A in 1997 was equal to its expenditure in 1998, what was the total income (in Rs. lakh) of the company A in 1997 & 1998 together?

A

175

B

`131.25`

C

`218.75`

D

Cannot be determined

Text Solution

Verified by Experts

The correct Answer is:
C
Expenditure of company A =Rs. 70 lac
Then , income of company A in 2010
`=(125)/(100)xx70= Rs. 87.5` lac
`=87.5xx(150)/(100)=Rs. 131.25` lac
Hence, required total `=Rs. (87.5+131+25)` lac
Rs. 218.75 lac
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