Study the given graph and answer the question that follows.
The expenditure on Interest on Loans is by what percentage more than the expenditure on Taxes?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 50%
Difference between the expense of Interest on Loans and Taxes = 7.5 - 5
⇒ 2.5
Hence the required percentage = 2.5/5 × 100
⇒ 50%