Analyzing Company Expenditure Data

The question asks us to identify the year in which the ratio of Salary expenditure to Hospitality expenditure is maximum based on the provided table.

To find the year with the maximum ratio of Salary to Hospitality, we need to calculate this ratio for each given year.

The ratio for each year is calculated as:

$$\text{Ratio} = \frac{\text{Salary Expenditure}}{\text{Hospitality Expenditure}}$$

Let's calculate the ratio for each year:

• Year 2016: Salary = 330, Hospitality = 30. Ratio = $$\frac{330}{30} = 11$$
• Year 2017: Salary = 380, Hospitality = 33. Ratio = $$\frac{380}{33} \approx 11.515$$
• Year 2018: Salary = 420, Hospitality = 35. Ratio = $$\frac{420}{35} = 12$$
• Year 2019: Salary = 450, Hospitality = 40. Ratio = $$\frac{450}{40} = 11.25$$
• Year 2020: Salary = 480, Hospitality = 43. Ratio = $$\frac{480}{43} \approx 11.163$$

Let's summarize the ratios in a table:

Comparing the calculated ratios (11, $\approx$ 11.515, 12, 11.25, $\approx$ 11.163), the maximum ratio is 12.

This maximum ratio of 12 occurred in the year 2018.

Revision Table: Key Data and Ratios

The table clearly shows that the ratio of Salary to Hospitality is highest in 2018.

Additional Information on Data Interpretation

Data interpretation questions often require careful reading of tables, graphs, or charts to extract relevant information and perform calculations or comparisons. Key skills involved include:

• Identifying the specific data points needed for the calculation.
• Understanding the units and scales used in the data.
• Performing basic arithmetic operations accurately (addition, subtraction, multiplication, division).
• Calculating ratios, percentages, averages, etc.
• Comparing values or trends across different categories or time periods.
• Analyzing the results to answer the specific question asked.

In this problem, we focused on calculating a simple ratio between two specific expenditure items across different years to find the maximum value.