The given graph represents the percentage distribution of the total expenditure of a company. Study the graph and answer the question that follows.
The expenditure on ‘Interest on loans' is what percentage more than the expenditure on 'Transport'?
Answer & explanation
Correct answer: option 1
Expenditure on ‘Interest on loans' = 22.5%
Expenditure on 'Transport' = 17.5 %
More percentage of expenditure on Expenditure on ‘Interest on loans' to the Expenditure on 'Transport'
= 22.5% - 17.5%
= 5%