Study the following table and answer the question that follows.
Expenditures of a Company (in Lakh Rupees) Per Annum over Different Heads in the Given Years
| Year | Item of Expenditure | ||||
| Salary | Fuel and Transport | Bonus | Interest on Loans | Taxes | |
| 2010 | 310 | 98 | 3.84 | 23.4 | 83 |
| 2011 | 324 | 112 | 3.68 | 32.5 | 108 |
| 2012 | 338 | 101 | 3.00 | 41.6 | 74 |
| 2013 | 346 | 133 | 2.52 | 36.4 | 88 |
| 2014 | 410 | 142 | 3.96 | 49.4 | 98 |
The total amount of bonus paid by the company during the given period is approximately what percentage of the total amount of salary paid during this period? (Rounded off to the nearest integer.)
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1%.
According to the given table,
Total amount of bonus = 3.84 + 3.68 + 3.00 + 2.52 + 3.96 = 17
Total amount of salary = 310 + 324 + 338 + 346 + 410 = 1728
Required percentage = (17/1728) × 100
⇒ 0.00983 × 100 = 0.98 ≈ 1%