In the income of company Q in 2001 was 10% more than 2000 and the company had earned a profit of 20% in 2000, then its expenditure in 2000 (in crores) was:

Answer: Option D

Income of company Q in 2001 = 40
Income of company Q in 2000 = 40 × $$\frac{100}{110}$$ = 36.36
Profit in 2000 = 36.36 × $$\frac{20}{100}$$ = 7.27
∴ Expenditure in 2000
= 36.36 - 7.27
= 29.09