Given bar graph shows, total expenditure and the gross receipts of a company(in ₹ crores). Study the graph and answer the question that follows.

What is the percentage increase in the gross receipts in 1996-97 as compared to 1994-95?

44%

Gross receipt in 1994 - 95 = 5000

Gross receipt in 1996 - 97 = 7200

Percentage increase in the gross receipts in 1996-97 as compared to 1994-95

= \(\frac{7200-5000 }{5000 }\) × 100

= \(\frac{2200 }{5000 }\) × 100

= 44%