Instructions

Study the graph and answer the given questions:
Income and Expenditure of company ABC (in ₹ crores) during 2013 to 2018

Question 57

In 2019, if the expenditure of the company increased by the same percentage as in 2018 over its preceding year, then what was its expenditure (in ₹ crores) in 2019?

Solution

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Percentage of Expenditures increased in 2018 over 2017 = $$\frac{280-250}{250}\times\ 100\ =\ 12\%$$.
Expenditures in 2019 = Increase of 12% over 2018 i.e. 1.12*280 = 313.6.

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