The following bar graph shows receipts and expenditure oft business firm over 5 years. Gain = Receipts - Expenditure.
What is the percentage of increase in expenditure from 2018 to 2019 as compared to 2018?
Answer & explanation
Correct answer: option 4
Increase in expenditure in 2019 = 5
Percentage increase compared to 2018 = \(\frac{5}{75}\) × 100
= $6\frac{2}{3}$