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Question

Following table provides figures (in rupees) on annual expenditure of a firm for two years – 2010 and 2011.

Category

2010

2011

Raw material

5200

6240

Power & fuel

7000

9450

Salary & wages

9000

12600

Plant & machinery

20000

25000

Advertising

15000

19500

Research & Development

22000

26400

In 2011, which of the following two categories have registered increase by same percentage?

The correct answer is

Raw material and Research & Development

To determine which two categories have registered the same percentage increase in 2011 compared to 2010, we need to calculate the percentage increase for each expenditure category. The formula for calculating percentage increase is:

$$ \text{Percentage Increase} = \frac{\text{(Expenditure in 2011} - \text{Expenditure in 2010)}}{\text{Expenditure in 2010}} \times 100\% $$

Expenditure Data Table

Let's first organize the given annual expenditure figures for the firm for both years, 2010 and 2011, in a clear table format:

Category 2010 (Rupees) 2011 (Rupees)
Raw material 5200 6240
Power & fuel 7000 9450
Salary & wages 9000 12600
Plant & machinery 20000 25000
Advertising 15000 19500
Research & Development 22000 26400

Percentage Increase Calculation for Each Category

Now, we will calculate the percentage increase for each category's expenditure from 2010 to 2011:

  • Raw material:
    Expenditure in 2010 = ₹5200
    Expenditure in 2011 = ₹6240
    Increase in expenditure = ₹(6240 - 5200) = ₹1040
    Percentage Increase for Raw material: $$ \frac{1040}{5200} \times 100\% = 20\% $$
  • Power & fuel:
    Expenditure in 2010 = ₹7000
    Expenditure in 2011 = ₹9450
    Increase in expenditure = ₹(9450 - 7000) = ₹2450
    Percentage Increase for Power & fuel: $$ \frac{2450}{7000} \times 100\% = 35\% $$
  • Salary & wages:
    Expenditure in 2010 = ₹9000
    Expenditure in 2011 = ₹12600
    Increase in expenditure = ₹(12600 - 9000) = ₹3600
    Percentage Increase for Salary & wages: $$ \frac{3600}{9000} \times 100\% = 40\% $$
  • Plant & machinery:
    Expenditure in 2010 = ₹20000
    Expenditure in 2011 = ₹25000
    Increase in expenditure = ₹(25000 - 20000) = ₹5000
    Percentage Increase for Plant & machinery: $$ \frac{5000}{20000} \times 100\% = 25\% $$
  • Advertising:
    Expenditure in 2010 = ₹15000
    Expenditure in 2011 = ₹19500
    Increase in expenditure = ₹(19500 - 15000) = ₹4500
    Percentage Increase for Advertising: $$ \frac{4500}{15000} \times 100\% = 30\% $$
  • Research & Development:
    Expenditure in 2010 = ₹22000
    Expenditure in 2011 = ₹26400
    Increase in expenditure = ₹(26400 - 22000) = ₹4400
    Percentage Increase for Research & Development: $$ \frac{4400}{22000} \times 100\% = 20\% $$

Percentage Increase Summary

Here is a summary of the calculated percentage increases for each expenditure category:

Category Percentage Increase (2010 to 2011)
Raw material 20%
Power & fuel 35%
Salary & wages 40%
Plant & machinery 25%
Advertising 30%
Research & Development 20%

Categories with Same Percentage Increase

From the summary table, we can observe that:

  • The expenditure on Raw material increased by 20%.
  • The expenditure on Research & Development also increased by 20%.

Both Raw material and Research & Development categories registered the same percentage increase of 20% in 2011 compared to 2010.

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Important Questions from Data Interpretation

  1. The table shows the monthly expenditure of Saumya. What percent of her monthly salary is she able to save?

    ExpenseAmount
    Food5,000
    Rent20,000
    Travel10,000
    Clothing3,000
    Miscellaneous15,000
    Savings7,500

  2. The time spent to study history and chemistry is 4 hours 30 minutes. Then the student studied physics for

  3. If the student studied chemistry for 3 hours, then he/she studied geography for

  4. If the student studied 10 hours in a day, then he/she studied mathematics for

  5. If the student spends 15% instead of 10% on others, and that 5% is taken from mathematics, then the difference in study time for mathematics (when studying 20 hours/day) is

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