In 2011, Plasma – a pharmaceutical company – allocated Rs.4.5 × 107 for Research and Development. In 2012, the company allocated Rs.60,000,000 for Research and Development. If each year the funds are evenly divided among 2 × 102 departments, how much more will each department receive this year than it did last year?
Explanation:
Funds allocated for Research & Development in 2011
= Rs. 4.5 × 107
Funds allocated for Research & Development in 2012
= Rs. 6 × 107
Difference in the funds = Rs. 1.5 × 107
= 1.5×1072×102 = 7.5 × 104
Hence, option (c).
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