Question 1
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If the expenditure of Company Y in 1997 was ₹ 220 crores, what was its income in 1997 ?
- A ₹ 312 crores
- B ₹ 297 crores Correct
- C ₹ 283 crores
- D ₹ 275 crores
- E ₹ 261 crores
Correct Answer: Option B
Profit percent of Company Y in 1997 = 35.
Let the income of Company Y in 1997 be ₹ x crores.
| Then, 35 = | x - 220 | x 100  x = 297. |
| 220 |
Income of Company Y in 1997 = ₹ 297 crores.
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