Multiple choice

Table shows the percentage distribution of the expenditure incurred on different items for publishing a book. Item of expenditure Percentage of expenditure Paper 25 Printing 20 Binding 20 Royalty 15 Promotion 10 Transportation 10 Expenditure on Royalty is less than that on Printing by:

  1. 20%

  2. 25%

  3. 15%

  4. 10%
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B Correct answer
Explanation

Royalty is 15% and Printing is 20%. The difference is 5%. As a percentage of the Printing expenditure, this is (5/20) * 100 = 25%.

AI explanation

To find the percentage by which the expenditure on Royalty is less than that on Printing, calculate the difference between their percentages and divide by the base value of Printing. The difference is 20 percent minus 15 percent, which equals 5 percent. Dividing this 5 percent by the 20 percent expenditure on Printing and multiplying by 100 yields 25 percent.

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