The average income (per year) of the company in five years is what percentage more than its expenditure in 2015?
Show answer & explanation
Correct answer: C
Explanation
Correct Answer is option 3 i.e. 22.4
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Application |
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Total income of company = 225 + 280 + 325 + 350 + 350 = 1530 Hence, Average income of company = 1530/5 = 306 And Expenditure of company in 2015 = 250 Hence, Required percentage = (306 - 250) × 100/250 = 22.4% |
