Question : The table given below shows the savings and expenditures of 5 companies.
Companies | Saving | Expenditure |
J | 400 | 200 |
K | 900 | 500 |
L | 700 | 400 |
M | 400 | 300 |
N | 500 | 1100 |
The total expenditure of all the companies is how much percent less than the total savings?
Option 1: 16.67 percent
Option 2: 9.09 percent
Option 3: 10.56 percent
Option 4: 13.79 percent
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Correct Answer: 13.79 percent
Solution :
The total expenditure of all the companies = 200 + 500 + 400 + 300 + 1100 = 2500
Total savings of all the companies = 400 + 900 + 700 + 400 + 500 = 2900
Required percentage = $\frac{2900-2500}{2900}\times 100=13.79\%$
Hence, the correct answer is 13.79 percent.
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