Direction (1-5): Study the following table to answer the 5 questions that are given below it.
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 |
3.38 |
36.4 |
88 |
2002 |
420 |
142 |
3.96 |
49.4 |
98 |
1. The ratio between the total expenditure on taxes for all the years and the total expenditure on Fuel and Transport for all the years respectively is approximately:
A. 4:7
B. 10:13
C. 15:18
D. 5:8
Answer: Option B
Explanation:
Required Ratio = [latex]\frac{(83 + 108 + 74 + 88 + 98)}{(98 + 112 + 101 + 133 + 142) }[/latex]
= 451/586 ≈ [latex]\frac{1}{1.3}[/latex] = [latex]\frac{10}{13}[/latex]
2. The total expenditure of the Company over these items during the year 2000 is
A. Rs. 544.44 Lakhs
B. Rs. 501.11 Lakhs
C. Rs. 446.46 Lakhs
D. Rs. 478.87 Lakhs
Answer: Option A
Explanation:
Total expenditure of the Company during 2000
= Rs. (324 + 101 + 3.84 + 41.6 + 74) lakhs
= Rs. 544.44 lakhs
3. What is the average amount of interest per year which the Company had to pay during this period?
A. Rs. 32.43 lakhs
B. Rs. 33.72 lakhs
C. Rs. 34.18 lakhs
D. Rs. 36.66 lakhs
Answer: Option D
Explanation:
Average amount of interest paid by the Company during the given period
= Rs. [[latex]\frac{(23.4 + 32.5 + 41.6 + 36.4 + 49.4)}{5}[/latex]] lakhs
= Rs. ([latex]\frac{183.3}{5}[/latex]) lakhs = Rs. 36.66 lakhs.
4. Total expenditure on all these items in 1998 was approximately what percent of the total expenditure in 2002?
A. 62%
B. 66%
C. 69%
D. 71%
E. 38%
Answer: Option C
Explanation:
Required percentage
= [[latex]\frac{(288 + 98 + 3.00 + 23.4 + 83)}{(420 + 142 + 3.96 + 49.4 + 98)}[/latex] * 100] %
= ([latex]\frac{495.4}{713.36}[/latex] * 100) % ≈ 69.45%
5. The total amount of bonus paid by the Company during the given period is approximately what percent of the total amount of salary paid during this period?
A. 0.1%
B. 0.5%
C. 1%
D. 1.25%
Answer: Option C
Explanation:
Required percentage
= [[latex]\frac{(3.00 + 2.52 + 3.84 + 3.68 + 3.96)}{(288 + 342 + 324 + 336 + 420)}[/latex] * 100]%
= ([latex]\frac{17}{1710}[/latex] * 100)% = 1%