Question
Download Solution PDFDirection: Study the given graph and answer the question that follows.
The expenditure on Interest on Loans is by what percentage more than the expenditure on Taxes ?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Percentage of Taxes = 5
Percentage of Interest on Loans = 7.5
Calculation:
Difference between the expense of Interest on Loans and Taxes = 7.5 - 5
⇒ 2.5
∴ The required percentage = 2.5/5 × 100
⇒ 50%
Last updated on Jul 18, 2025
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