Question : Study the given graph and answer the question that follows.
Total expenditure of the company in 2016, 2017 and 2018 is what percentage less than the total revenue in the given five years (correct to one decimal place)?
Option 1: 38.4%
Option 2: 36.8%
Option 3: 36.2%
Option 4: 34.5%
Correct Answer: 34.5%
Solution :
As per the given graph,
The total expenditure in 2016, 2017 and 2018 = 350 + 275 + 325 = 950
The total revenue in five years = 200 + 250 + 320 + 300 + 380 = 1450
Required percentage = $\frac{(1450 - 950)}{1450} × 100 = 34.5\%$
Hence, the correct answer is 34.5%.
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