Q51
If the profit earned in 2006 by Company B was Rs. 812500, what was the total income of the company in that year?
A.
Rs. 1250000
B.
Rs. 2062500
AnswerC.
Rs. 1650000
D.
Rs. 1825000
E.
None of these
Answer: Option B
Solution
Answer: Option B
Solution:
Investment in 2006= Rs.
= Rs. (100 × 12500)
= Rs. 1250000
Total income of B in 2006
= Investment + Profit
= Rs. (1250000 + 812500)
= Rs. 2062500