Study the following table and answer the question.
|
Year |
Items of Expenditure for the company |
||||
|
Salary |
Fuel and Transport |
Bonus |
Interest on Loans |
Taxes |
|
|
2014 |
284 |
98 |
3.00 |
23.4 |
74 |
|
2015 |
342 |
112 |
2.52 |
32.5 |
98 |
|
2016 |
314 |
101 |
3.84 |
41.4 |
83 |
|
2017 |
346 |
134 |
3.68 |
36.6 |
88 |
|
2018 |
425 |
141 |
3.96 |
49.4 |
108 |
Total expenditure on all the items in 2014 was approximately what percent of the total expenditure in 2018?
Answer & explanation
Correct answer: option 4
Total expenditure in 2014 = 284 + 98 + 3 + 23.4 + 74 = 482.4
Total expenditure in 2018 = 425 + 141 + 3.96 + 49.4 + 108 = 727.36
Required percentage = \(\frac{ 482.4 }{727.36}\) × 100
= 66.32%