Question 75

Refer the below data table and answer the following question

Rent and Taxes are what percent of total expenses ?

Solution

Yearly experience in Rent and Taxes (in Lakhs) = 5 + 3 = 8

Total expenses (in Lakhs) = 6 + 3 + 5 + 6 + 3 = 23

=> Required % = $$\frac{8}{23} \times 100$$

= $$\frac{800}{23} = 34.78\%$$

=> Ans - (B)

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