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If the profit earned in 2006 by Company B was Rs. 812500, what was the total income of the company in that year?
Answer & Solution
Correct Answer:
Option
B
Investment in 2006
= Rs. $$\left(\frac{100}{65}\times812500\right)$$
= Rs. (100 × 12500)
= Rs. 1250000
Total income of B in 2006
= Investment + Profit
= Rs. (1250000 + 812500)
= Rs. 2062500
= Rs. $$\left(\frac{100}{65}\times812500\right)$$
= Rs. (100 × 12500)
= Rs. 1250000
Total income of B in 2006
= Investment + Profit
= Rs. (1250000 + 812500)
= Rs. 2062500
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