Question
Download Solution PDFThe line chart given below shows the expenditure of two companies R and S in different years.
Which of the following statement is NOT correct?
I. The expenditure of R in year Y1 and Y2 together is (Approximate) 81.66 percent of the expenditure of S in year Y3 and Y4 together
II. The total expenditure of company S is (Approximate) 112.12 percent of the total expenditure of company R.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFCalculation:
Statement I:
The expenditure of R in year Y1 and Y2 together = 600 + 500 = 1100
The expenditure of S in year Y3 and Y4 together = 700 + 500 = 1200
Percentage of the expenditure of R in year Y1 and Y2 together to the expenditure of S in year Y3 and Y4 together = 1100/1200 × 100 = 91.66%
Statement I is not correct.
Statement II:
Total expenditure of company S = 1200 + 900 + 700 + 500 + 400 = 3700
Total expenditure of company R = 600 + 500 + 800 + 400 + 1000 = 3300
Percentage of the total expenditure of company S to the total expenditure of company R = 3700/3300 × 100 = 112.12%
Statement II is correct.
∴ Option 2 is the correct answer.
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