Question 100

Refer the below data table and answer the following Question.

Rent and Taxes are what percent of total expenses?

Solution

Yearly expense in rent and taxes (in lakhs) = 5 + 3 = 8

Total expenses (in lakhs) = 7 + 6 + 5 + 5 + 3 = 26

=> Required % = $$\frac{8}{26} \times 100$$

= $$\frac{400}{13} \approx 30.77\%$$

=> Ans - (A)


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