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

Items Yearly Expenses in Rs. lakhs
Raw Material 12
Labour 8
Rent 6
Interest 2
Taxes 4

Expenditure on raw materials and taxes is what percent of total expenses?

Option 1: 46 percent

Option 2: 44 percent

Option 3: 52 percent

Option 4: 50 percent


Team Careers360 18th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: 50 percent


Solution : From the table,
The total yearly expense is the sum of all these expenses = 12 + 8 + 6 + 2 + 4 = 32 lakhs
The combined expenditure on raw materials and taxes = 12 + 4 = 16 lakhs
The expenditure on raw materials and taxes as a percentage of the total expenses = $\frac{16}{32}$ × 100 = 50%
Hence, the correct answer is 50 percent.

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