Question 58
Study the following graph and answer question that follows.
The expenditure of the company in 2016 is what percentage more then the average revenue (per year) in 2014, 2015 and 2018 (correct to the nearest integer)?
Solution
Expenditure of the company in 2016 = 320
Average revenue in 2014,2015 and 2018
$$\therefore\frac{\left(revenue\ in\ 2014+revenue\ in\ 2015+revenue\ in\ 2018\right)}{3}$$
$$\therefore\frac{\left(260+300+375\right)}{3}$$
= 311.67
Required percentage = $$\frac{\left(320-311.67\right)}{311.67}$$
$$=2.67\simeq\ 3\%$$
Hence, option A is correct
Get AI Help
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
