Study the given graph and answer the question that follows.
If the Interest on Loans amounted to 4.50 crores, then the total expenditure on Advertisement, Taxes, Research & Development and Salary is:
Answer & explanation
Correct answer: option 4
Interest on Loans amounted to = 24.50 crores
Expenditure on Interest on Loans = 7.5% of total expenditure
ATQ,
7.5% of total expenditure = 24.50
Total expenditure = \(\frac{100 }{7.5}\) × 4.50 = 60 crores
Total expenditure on Advertisement, Taxes, Research & Development and Salary
= \(\frac{10+5+20+25 }{100}\) × 60
= \(\frac{60 }{100}\) × 60
= 36 crores