Company A earned Rs. 258 lakh and company B earned 20% more than A. How much did B earn (Rs. lakh)?
Answer and explanation
Correct answer: B. 309.6
- Step 1: B = A × (100 + 20) ÷ 100. Step 2. = 258 × 1.2 = 309.6. Answer: 309.6. Why not the others: 206.4 is what you get if you reduce instead of increase. 278 is what you get if you add the percentage as lakh. 322.5 is what you get if you divide by (100 − p).
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