Question
If the budget for Marketing and Operations is expected
to increase by 20% and 15%, respectively, what will be the new total budget for these two departments? Pie Chart: Distribution of a Company’s Annual Budget (₹12 crore) Across Five DepartmentsSolution
Budget for Marketing = 25% of ₹12 crore = 0.25 * 12 = ₹3 crore New Marketing budget = 3 + (20% of 3) = 3 + 0.6 = ₹3.6 crore Budget for Operations = 20% of ₹12 crore = 0.20 * 12 = ₹2.4 crore New Operations budget = 2.4 + (15% of 2.4) = 2.4 + 0.36 = ₹2.76 crore New total budget for Marketing and Operations = 3.6 + 2.76 = ₹6.36 crore Correct Answer: d) ₹6.36 crore
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