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Directions 48-52) : Refer to the following table:
Expenditures of a company (in lakh rupees) per annum over the given years.
Item of Expenditure
Year
Salary
Fuel and Transport/Bonus
Interest on Loans/Taxes
1998
288
98
3.00
23.4
83
1999
342
112
2.52
32.5
108
2000
324
101
3.84
41.6
74
2001
336
133
3.68
36.4
88
2002
420
142
3.96
49.4
Total Expenditure on all these items in 1998 was approximately what percent of the total expenditure in 2002?
62%
66%
69%
71%
- To find the percentage of expenditure in 1998 compared to 2002, we need to calculate the total expenditure for each year.
- For 1998:
- Salary: 288
- Fuel and Transport/Bonus: 98 + 3.00 = 101
- Interest on Loans/Taxes: 23.4 + 83 = 106.4
- Total for 1998 = 288 + 101 + 106.4 = 495.4
- For 2002:
- Salary: 420
- Fuel and Transport/Bonus: 142 + 3.96 = 145.96
- Interest on Loans/Taxes: 49.4 + 98 = 147.4
- Total for 2002 = 420 + 145.96 + 147.4 = 713.36
- Now, calculate the percentage:
\( \frac{495.4}{713.36} \times 100 \approx 69.44\%\)
- Option 3, 69%, is indeed the correct answer.
By: Sandeep Dubey ProfileResourcesReport error
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