Study the given graph and answer the question that follows.
The expenditure on Interest on Loans is by what percentage more than the expenditure in Taxes ?
Answer & explanation
Correct answer: option 4
Expenditure on loan = 7.5
expenditure on Taxes = 5
Required percentage = \(\frac{7.5 - 5 }{5}\) × 100
= \(\frac{2.5 }{5}\) × 100
= 50%