Multiple choice

Study the data table given below and answer the following question. Items Yearly Expenses (in Rs. lakh) Raw Material 12 Labour 6 Rent 3 Interest 4 Taxes 3 Raw Material and Interest expenses form what percent of total expenses?

  1. 49.89 percent

  2. 42.64 percent

  3. 64.39 percent

  4. 57.14 percent
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total expenses = 12 + 6 + 3 + 4 + 3 = 28. Raw material (12) + Interest (4) = 16. Percent = (16 / 28) * 100 = (4 / 7) * 100 = 57.14 percent.

AI explanation

The sum of raw material and interest expenses is 12 plus 4, equaling 16. The total expenses are 12 plus 6 plus 3 plus 4 plus 3, equaling 28. Using the percentage formula, 16 divided by 28 multiplied by 100 yields 57.14 percent.

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