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Question : Direction: Study the bar graph given below, which shows the percent distribution of total expenditures of a company under various expenses, and answer the question.

The expenditure on interest on loans is more than the expenditure on transport by:

Option 1: 5%

Option 2: 10%

Option 3: 40%

Option 4: 30%


Team Careers360 23rd Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: 40%


Solution : From the graph,
The percentage of money spent on transit = 12.5
The percentage of money spent on loan interest = 17.5
Percentage increase = $\frac{\text{( Interest on loans expense – Transport expenditure)}}{\text{(Transport expenditure)}} \times 100$
So, the required percentage $=\frac{(17.5 – 12.5)}{12.5}\times100=\frac{5}{12.5} \times 100=40$%
Hence, the correct answer is 40%.

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