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The Following graphs represent Gross Receipts of all the major fast Food restaurants from 2001-2003. Use them to answer these questions:

Question 15

Over all the three years, the average percentage of gross receipts for Crunchy Chop exceeds the average percentage of gross receipts for Pizza Pie by approximately

Solution

Gross receipts of Crunchy Chop over the years = $$(\frac{46.3}{100}\times75,00,000)+(\frac{40.60}{100}\times85,50,000)+(\frac{12.30}{100}\times81,00,000)$$

= $$34,72,500+34,71,300+9,96,300=79,40,100$$

Gross receipts of Pizza Pie over the years = $$(\frac{12.80}{100}\times75,00,000)+(\frac{24.60}{100}\times85,50,000)+(\frac{37}{100}\times81,00,000)$$

= $$9,60,000+21,03,300+29,97,000=60,60,300$$

=> Required % $$\approx\frac{(80,00,000-60,00,000)}{60,00,000}\times100$$

= $$\frac{100}{3}=33.3\approx30\%$$

=> Ans - (B)

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