Company A earned Rs. 725 lakh and company B earned 25% more than A. How much did B earn (Rs. lakh)?
Answer and explanation
Correct answer: A. 906.25
- Step 1: B = A × (100 + 25) ÷ 100. Step 2. = 725 × 1.25 = 906.25. Answer: 906.25. Why not the others: 543.75 is what you get if you reduce instead of increase. 750 is what you get if you add the percentage as lakh. 966.7 is what you get if you divide by (100 − p).
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