Question
Study the given graph and answer the question that
follows. The total revenue in 2015 and 2017 is what per cent of the total expenditure of the company in 2016, 2018 and 2019 (correct to one decimal place)?Solution
Total expenditure in 2016, 2017 and 2018 = 350 + 275 + 325 = 950 Total revenue in five years = 200 + 250 + 320 + 300 + 380 = 1450 Required percentage = [(1450 – 950)/1450] × 100 = 34.5%
Calculate Operating Ratio:
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