Question
Download Solution PDFStudy the following graph and answer the following questions.
The total expenditure of the company in 2015, 2017 and 2018 is what per cent of 70% of the total revenue over five years? (correct to one decimal place)
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
The total expenditure of the company in 2015, 2017 and 2018 = 175 + 250 + 275 = 700 Cr.
70% of the total revenue over five years = (250 + 200 + 280 + 300 + 350) × 70% = 966 Cr.
Now, % = 700/966 × 100% = 72.46% ≈ 72.5%
∴ The total expenditure of the company in 2015, 2017 and 2018 is 72.5% of 70% of the total revenue over five years.
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