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Question 50
Read the data and answer the given questions?
Rent and taxes are what percent of the total Expenses?
Solution
Yearly expense in rent and taxes (in lakhs) = 4 + 4 = 8
Total expenses (in lakhs) = 11 + 3 + 4 + 6 + 4 = 28
=> Required % = $$\frac{8}{28} \times 100$$
= $$\frac{200}{7} \approx 28.57\%$$
=> Ans - (B)
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