What is the percentage share of total tax collected in total revenue?

10.88

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12.54

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8.25

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Solution

The correct option is A
10.88

$\begin{matrix} B r a n d 1 & B r a n d 2 & B r a n d 3 & B r a n d 4 & B r a n d 5 U n i t s s o l d & 4500 & 3500 & 5500 & 6500 & 5000 T a x C o l l e c t e d b y v a l u e & 9135000 & 6160000 & 6600000 & 7605000 & 7425000 T o t a l c o l l e c t e d a s a % o f i t s r e v e n u e & 14 & 11 & 10 & 9 & 11 T o t a l r e v e n u e = T a x b y v a l u e / % v a l u e \times 100 & 65250000 & 56000000 & 66000000 & 84500000 & 67500000 V a l u e o f e a c h u n i t = R e v e n u e / U n i t s s o l d & 14500 & 16000 & 12000 & 13000 & 13500 \end{matrix}$
Total tax collected = 36925000
Total revenue = 339250000
Hence the required answer is $\frac{36925000}{339250000} \times 100 = 10.88 %$

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