Heads of Expenditure (in lakhs)20152016201720182019 Salary of Staff 288 342 324 336 420 Transport 98…
Add the 2015 column: \(288+98+3+23.4+83=495.4\) lakh; the 2019 column gives \(420+14+3.96+49.4+98=585.36\) lakh. As a percentage of the 2019 total,…
Choose your answer
| Heads of Expenditure (in lakhs) | 2015 | 2016 | 2017 | 2018 | 2019 |
|---|---|---|---|---|---|
| Salary of Staff | 288 | 342 | 324 | 336 | 420 |
| Transport | 98 | 112 | 101 | 133 | 14 |
| Bonuses | 3 | 2.52 | 3.84 | 3.68 | 3.96 |
| Interest on Loan | 23.4 | 32.5 | 41.6 | 36.4 | 49.4 |
| Taxes | 83 | 108 | 74 | 88 | 98 |
Question: Total expenditure on all these items in 2015 was approximately what percent of the total expenditure in 2019
Answer and explanation
Correct answer A
Add the 2015 column: lakh; the 2019 column gives lakh. As a percentage of the 2019 total, . Dividing the other way round, 2019 over 2015, would give about 118%, so the base year matters.
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