Question

Using the information of the bar graph given below, answer the questions that follow.

Description of cost price of raw material, overhead expenditure and sales of a company X for a product during the given year (in lakhs)

By what percent is the overhead expenditure in the year 2006 more than that made in the year 2002 ?

• A.
• B.
• C.
• D.
• E.

Answer 1

The correct option is B

Required percent
$=\frac{160-120}{120}\times 100$
$=\frac{40}{120}\times 100=\frac{100}{3}=33\frac{1}{3}\%$