Question Detail
Study the following table chart and answer the questions based on it.Expenditures of a Company(in Lakh Rupees) per Annum Over the given Years.
Year | Salary | FuelandTransport | Bonus | InterestonLoans | Taxes |
1998 | 288 | 98 | 3.00 | 23.4 | 83 |
1999 | 342 | 112 | 2.52 | 32.5 | 108 |
2000 | 324 | 101 | 3.84 | 41.6 | 74 |
2001 | 336 | 133 | 3.68 | 36.4 | 88 |
2002 | 420 | 142 | 3.96 | 49.4 | 98 |
The total amount of bonus paid by the company during the given period is approximately what percent of the total amount of salary paid during this period ?
- .5%
- 1%
- 1.5%
- 2%
Answer: Option B
Explanation:
Here we simply need to calculate that bonus is what percent of salary.
We will just sum all bonus and salary to get the percentage as below,
\begin{aligned}
\left(\frac{3.00 + 2.52 + 3.84 + 3.68 + 3.96}{288 + 342 + 324 + 336 + 420}*100\right)\% \\
= \left(\frac{17}{1710}*100\right)\% \\
= 1\% \text{approx.}
\end{aligned}