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Expenditures of an Organization X (in Lakh Rupees) per Annum Over the given Years
Year
Item of Expenditure
Salary
Fuel and Transport
Bonus
Interest on Loans
Taxes
2010
310
110
1.00
17.2
2011
220
90
25.5
86
2012
170
2.50
40.0
70
2013
100
3.40
30.2
56
2014
400
87
0.96
91
If the total expenditure of an Organization X in 2014 is 90% more than the total expenditure of an Organization X in 2013, then find the amount of interest paid by the organization in 2014 ?
9.28 lakhs
6.98 lakhs
20.10 lakhs
12.8 lakhs
Explanation : 2013 total = 309.6 2014 = 309.6*190/100 = 588.24 lakhs Loan Interest = 588.24– 578.96 = 9.28
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