Direction : Study the following table and answer the questions that follow : Annual expenditure of a company from 2007 to 2011 (₹ in Lakhs)Items of Expenditure →
Year ↓Salary Fuel and Transport Bonus Interest on Loans Tax 2007 288 98 3·00 23·4 83 2008 342 112 2·52 32·5 108 2009 324 101 3·84 41·6 74 2010 336 133 3·68 36·4 88 2011 420 142 3·96 49·4 98
The total amount of bonus paid by the company during the period from 2007 to 2011 is what percentage of the total amount of salary paid during this period (Round off to two decimal places) ?
0·99%
Percentage of one quantity relative to another = (first total ÷ second total) × 100. Both totals are taken over the same five years.
Step 1 — Total bonus: \(3.00 + 2.52 + 3.84 + 3.68 + 3.96 = 17.00\)
Step 2 — Total salary: \(288 + 342 + 324 + 336 + 420 = 1710\)
Step 3 — \(\frac{17}{1710} \times 100 = 0.9941\ldots \approx 0.99\%\)
0.15% and 0.5% are far too small, and 1.25% would need a bonus total of about 21.4 lakh. The rounded value appears among the choices, so “None of the above” is not correct.
0·99% option is correct.
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