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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
Question

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.)

A.

2%

B.

1.5%

C.

2.5%

D.

1%

Correct option is D

Concept Used:

Percentage =

(Total BonusTotal Salary)×100\left( \frac{\text{Total Bonus}}{\text{Total Salary}} \right) \times 100

From the table, the bonuses paid each year are:

2010: 3.84

2011: 3.68

2012: 3.00

2013: 2.52

2014: 3.96

Total Bonus Paid = 3.84 + 3.68 + 3.00 + 2.52 + 3.96 = 17.00 Lakh Rs.

The salaries paid each year are:

2010: 310

2011: 324

2012: 338

2013: 346

2014: 410

Total Salary Paid = 310 + 324 + 338 + 346 + 410 = 1728 Lakh Rs.

Percentage = (17.001728)×1000.983%\left( \frac{17.00}{1728} \right) \times 100 \approx 0.983 \% 

= 1%

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