Company A earned Rs. 414 lakh and company B earned 50% more than A. How much did B earn (Rs. lakh)?

Answer and explanation

Correct answer: D. 621

  1. Step 1: B = A × (100 + 50) ÷ 100. Step 2. = 414 × 1.5 = 621. Answer: 621. Why not the others: 207 is what you get if you reduce instead of increase. 464 is what you get if you add the percentage as lakh. 828 is what you get if you divide by (100 − p).

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