Question
Download Solution PDFThe following table shows the expenditures of a company (in Rs. lakh) per annum over the given years. Study the following table carefully and answer the question that follows.
Year |
Item of Expenditure |
||||
Salary |
Fuel and Transport |
Bonus |
Interest on Loans |
Taxes |
|
2016 |
355 |
56 |
3.5 |
34.2 |
75 |
2017 |
285 |
85 |
4.2 |
28.6 |
61 |
2018 |
361 |
72 |
4.0 |
29.4 |
83 |
2019 |
310 |
69 |
5.5 |
45.6 |
71 |
2020 |
395 |
76 |
5.1 |
38.2 |
98 |
Total expenditure on all items in 2018 was what percent of the total expenditure of all the items in 2020?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Total Expenditure of 2018 = 361 + 72 + 4.0 + 29.4 + 83
⇒ 549.4
Total Expenditure of 2020 = 395 + 76 + 5.1 + 38.2 + 98
⇒ 612.3
Required percentage = \( \dfrac{549.4}{612.3} \) x 100
⇒ 89.73%
∴ Total expenditure on all items in 2018 was 89.73 percent of the total expenditure of all the items in 2020.
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