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?

Answer» 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.


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