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Prem Krishna

· started a discussion

· 1 Months ago

data inadequate (Question:131056.4)

You didn't mention the growth rate of D.It is given only highest it can be any where between 10% to 40%.You should mention it like the possible highest or just give the number

Question:

 DIRECTIONS : Study the following information carefully and answer the questions that follow:


During 2014, the growth rates of four companies A, B, C and D were between 10% and 40%. The revenue of company A was valued at Rs.200 crores and its growth rate was rise by 10%.Company D experienced the highest growth rate in 2014. The growth rate of Company B was the average of the growth experienced by Companies A and D.

In 2015, the revenue of Company C was Rs.650 crores, which was 30% more than the revenue generated by it in the previous year. In 2015, Company D generated the revenue of Rs.1120 crores.


What was the amount (in Rs.) of revenue generated by Company D in 2014? (in crores)
Options:
A) 670
B) 490 
C) 510
D) 735
E) 800
Solution:

It is given that the revenue generated by Company D in 2015 was Rs.1120 crores and that the company witnessed growth of 40% in 2014. Therefore, if the revenue generated by company D in 2014 = x; then,

x + 40% of x = 1120 crores

⇒ x = Rs.800 crores


Knowledge Expert

· commented

· 1 Months ago

Given data is adequate.
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