1. If the interest on loans amounted to Rs. 2.45 crores then the total amount of expenditure on advertisement, taxes and research and development is?
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By: guest on 01 Jun 2017 11.13 pm
Let the total expenditure be Rs. x crores. Then, 17.5% of x = 2.45 x = 14. Total expenditure = Rs. 14 crores. and so, the total expenditure on advertisement, taxes and Research and Development = Rs. [(15 + 10 + 5)% of 14] crores = Rs. [30% of 14] crores = Rs. 4.2 crores.