Accountancy, asked by patelom009, 9 months ago

5. The expenses of the current year of a company
is 6,00,000; and if it is increased by 20%
compared to the previous year, what would
be the expenses of the previous year?
(a) * 1,20,000
(b) 5,00,000
(c)* 7,20,000 (d) None of these​

Answers

Answered by brainmaster2925
17

Explanation:

let us assume the original expense be 100

then increase of 20 percent will be 100+20=120

if present expense is 120..last month expense is 100..

if present expense is 6,00,000 then last month's expense=100 multiplied by 6,00,000 upon 120

therefore, answer is 5,00,000

HOPE IT HELPS..

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