Comprehension Passage

The following table shows the percent (%) profit earned by two companies A and B over the six years from 2018 to 2023. Based on the data in the table, answer the questions that follow.

Year-wise Profit details of Two Companies

Year

Percent (%) Profit Earned by Company

A

B

2018

40%

25%

2019

25%

30%

2020

30%

50%

2021

60%

45%

2022

45%

30%

2023

50%

40%


\(\rm Profit \%=\frac{Income- Expenditure }{Expenditure}\)

Note:

In the year 2023, if the income of Company B was Rs. 70 Crores, then what was the expenditure of the Company B in that year?

1
Rs. 20 Crore
2
Rs. 30 Crore
3
Rs. 40 Crore
4
Rs. 50 Crore

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