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Data Interpretation · Q47

Data Interpretation

Competitive Exams · Data Interpretation · question 47

Q47

If the amount of profit earned by Company A in 2006 was Rs. 10.12 lakh, what was the total investment?

A.
Rs. 13.8 lakh
B.
Rs. 14.9 lakh
C.
Rs. 15.4 lakh
D.
Rs. 14.2 lakh
E.
None of these
Answer

Answer: Option E

Solution

Answer: Option E
Solution:
Let the investment of A in 2006 be Rs.
Then,
\begin{aligned} & \text{Profit = 55% of Rs. }x \\ & =\text{Rs.}\left(x\times\frac{55}{100}\right) \\ & =\text{Rs.}\left(\frac{11x}{20}\right) \\ & \therefore \frac{11x}{20} = 10.12\text{ lakh} \\ & \Rightarrow \frac{11x}{20} = 10.12\times100000 \\ & \Rightarrow \frac{11x}{20} = 1012000 \\ & \Rightarrow x = 1012000\times\frac{20}{11} \\ & \Rightarrow x = 1840000 \\ & \Rightarrow x = \text{18.4 lakh} \\\end{aligned}
  Investment of A in 2006 = 18.4 lakh