Question : Refer to the below data table and answer the following question.

Items Yearly Expenses in Rs. lakhs
Raw Materials 12
Labor 6
Rent 3
Interest 4
Taxes 3

Raw Materials and Interest are what percent of total expenses?

Option 1: 49.89%

Option 2: 42.64%

Option 3: 64.39%

Option 4: 57.14%


Team Careers360 22nd Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 57.14%


Solution : As per the given table,
The total yearly expenses = Rs. 28 lakhs
The combined expense of raw materials and interest = Rs. 12 lakh + Rs. 4 lakh = Rs. 16 lakhs
$\therefore$ The required percentage of total expenses
$=\frac{\text{Combined expenses of raw materials and interest}}{\text{Total Yearly Expenses}} \times 100 = \frac{16}{28} \times 100 = 57.14\%$
Hence, the correct answer is 57.14%.

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