Refer the below data table and answer the following Question.
Items
Raw Materials
Labour
Rent
Interest
Taxes
Yearly Expense in Rs lakhs
12
6
6
4
4
Labour and Interest are what percent of total expenses?
- A31.25 percent
- B24 percent
- C16.75 percent
- D38.5 percent
Solution & Step-by-step Explanation
Total yearly expenses:
Total Expenses=12+6+6+4+4=32 lakhs
Expenses on Labour and Interest combined:
Labour+Interest=6+4=10 lakhs
Percentage of total expenses:
Percentage=(
32
10
)×100%=
16
5
×100%=5×6.25%=31.25%
Total Expenses=12+6+6+4+4=32 lakhs
Expenses on Labour and Interest combined:
Labour+Interest=6+4=10 lakhs
Percentage of total expenses:
Percentage=(
32
10
)×100%=
16
5
×100%=5×6.25%=31.25%