If the interest on loans amounted to Rs. 2.45 crores then...
The bar graph given below shows the percentage distribution of the total expenditures of a company under various expense heads during 2003.
Percentage Distribution of Total Expenditure of a Company
If the interest on loans amounted to Rs. 2.45 crores then the total amount of expenditure on advertisement, taxes and research and development is?
Rs. 7 crores
Rs. 5.4 crores
Rs. 4.2 crores
Rs. 3 crores
Correct answer is C
Let the total expenditure be Rs. x crores.
Then, 17.5% of x = 2.45 => x = 14.
Therefore Total expenditure = Rs. 14 crores.
and so, the total expenditure on advertisement, taxes and Research and Development
= Rs. [(15 + 10 + 5)% of 14] crores
= Rs. [30% of 14] crores
= Rs. 4.2 crores.
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