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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


Team Careers360 25th Jan, 2024
Answer (1)
Team Careers360 27th Jan, 2024

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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