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Refer the following data table and answer the following question.
Expenditure on raw materials and taxes is what per cent of total expenses?
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- 55.53 percent
- 41.03 percent
- 33.78 percent
- 48.28 percent
Correct Option: D
According to given table, we have
Total expenditure = Rs. (11 + 7 + 5 + 3 + 3) lakhs = Rs. 29 lakhs.
Expenditure on raw materials and taxes = Rs. 14 lakh
| ∴ Required percent = | × 100 | Total expenditure |
| ∴ Required percent = | × 100 ≈ 48.28% | 29 |
