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Expenditure of company B in 2006 was 90% of its expenditure in 2005. Income of Company B in 2006 was what percent of its income in 2005?

Correct Answer: 962/3

Explanation:

Let expenditure of company B in 2005 = Rs. x; then
I1(Income) = x + 35/100 x = Rs. 27x/20
Since . expenditure of company B in 2006 = 90/100 x Rs. x = Rs. 9x/10.then
I2(Income ) = 9x/10 + 45/100 x 9x/10 = 9x/10 +81x/200 = Rs. 261x/200
Hence, required percentage = 261x/200/27x20 x 100 = 290/3 = 962/3%


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