1.  The expenditure of Company X in the year 1998 was ₹ 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 ?

A. ₹ 465 crores
B. ₹ 385 crores
C. ₹ 335 crores
D. ₹ 295 crores
E. ₹ 255 crores

Answer: Option A

Explanation:

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

Then, 55 = x - 200 x 100    =>     x = 310.
200

Therefore Expenditure of Company X in 2001

= Income of Company X in 1998

= ₹ 310 crores.

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

Then, 50 = z - 310 x 100    =>  z = 465.
310

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