The table shows the revenue (in lakh rupees) earned by a publishing house from the sale of journals, magazines and books during 2020 to 2023.

Year	Journals	Magazines	Books
2020	45	35	70
2021	47	40	80
2022	40	42	87
2023	40	54	79

If in 2024 the revenue growth over 2023 is the same as the growth from 2022 to 2023, then what will be the approximate revenue in 2024? (Note: the paper's printed key is Rs. 187.075 lakh, but its own working gives about Rs. 177.095 lakh, which is taken here.)

ARs. 194.063 lakh

BRs. 187.075 lakh

CRs. 172.083 lakh

DRs. 177.095 lakh ✓ Correct

Correct answer: (D) Rs. 177.095 lakh

Explanation

The approximate 2024 revenue is about Rs. 177.095 lakh, so that is the answer.

The total revenue in 2022 is 40 plus 42 plus 87, which is 169.

The total revenue in 2023 is 40 plus 54 plus 79, which is 173.

The growth from 2022 to 2023 is 4 on 169, about 2.37 percent.

Applying the same growth to 173 gives 173 times 1.0237.

That is about Rs. 177.095 lakh, matching the paper's own working.

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