The bar graph shows the percentage distribution of the expenditure of a company under various expense heads during 2003.
If the interest on loans amounted to ₹3.15 crores, then the total amount of expenditure on salary, taxes and infrastructure is:
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 9 crores
Calculation:
According to the question,
17.5% = 3.15 cr
1% = 3.15/17.5
⇒ 0.18 cr
Now,
Total expenditure on salary, taxes, and infrastructure = 20 + 10 + 20
⇒ 50%
So, 50% = 0.18 × 50
⇒ 9 cr