Comprehension Passage
The following table shows the Income (in Rs. lakh) and percentage (%) profit of a company over the six years from 2017 to 2022. Based on the data in the table, answer the questions that follow.
Year-wise Income and Profit of a Company
| Year | Income (in Rs. Lakh) | Profit (%) |
| 2017 | 120 | 7.5 |
| 2018 | 160 | 15 |
| 2019 | 130 | 22.5 |
| 2020 | 170 | 17.5 |
| 2021 | 190 | 20 |
| 2022 | 150 | 27.5 |
Approximately what was the expenditure in 2018?
1
Rs. 120 lakh
2
Rs. 160 lakh
3
Rs. 140 lakh
4
Rs. 180 lakh