Study the following table and answer the questions based on it.

Expenditures of a Company (in Lakh Rupees) per Annum Over the given Years.

Year |
Item of Expenditure |

Salary |
Fuel and Transport |
Bonus |
Interest on Loans |
Taxes |

1998 |
288 |
98 |
3.00 |
23.4 |
83 |

1999 |
342 |
112 |
2.52 |
32.5 |
108 |

2000 |
324 |
101 |
3.84 |
41.6 |
74 |

2001 |
336 |
133 |
3.68 |
36.4 |
88 |

2002 |
420 |
142 |
3.96 |
49.4 |
98 |

Question 1: What is the average amount of interest per year which the company had to pay during this period?

Solution:

Average amount of interest paid by the Company during the given period

Rs.

Rs.

Rs. 36.66 lakhs.

Question 2:The total amount of bonus paid by the company during the given period is approximately what percent of the total amount of salary paid during this period?

Solution:

Required percentage=%

%

= %

Question 3: Total expenditure on all these items in 1998 was approximately what percent of the total expenditure in 2002?

Solution:

Required percentage= %

%

Question 4: The total expenditure of the company over these items during the year 2000 is?

Solution:

Total expenditure of the Company during 2000

= Rs. (324 + 101 + 3.84 + 41.6 + 74) lakhs

= Rs. 544.44 lakhs.

Question 5: The ratio between the total expenditure on Taxes for all the years and the total expenditure on Fuel and Transport for all the years respectively is approximately?

Solution:

Required ratio=
=
=
=

Study the following graph and answer the questions based on it.

Foreign Exchange Reserves Of a Country. (in million US $)

Question 1: The ratio of the number of years, in which the foreign exchange reserves are above the average reserves, to those in which the reserves are below the average reserves is?

Solution:

Average foreign exchange reserves over the given period = 3480 million US $.

The country had reserves above 3480 million US $ during the years 1992-93, 1996-97 and 1997-98, i.e., for 3 years and below 3480 million US $ during the years 1991-92, 1993-94, 1994-95, 1995-56 and 1998-99 i.e., for 5 years.

Hence, required ratio = 3 : 5.

Question 2: The foreign exchange reserves in 1997-98 was how many times that in 1994-95?

Solution :

Required ratio= =1.5

Question 3:For which year, the percent increase of foreign exchange reserves over the previous year, is the highest?

Solution :

There is an increase in foreign exchange reserves during the years 1992 – 1993, 1994 – 1995, 1996 – 1997, 1997 – 1998 as compared to previous year (as shown by bar-graph).

The percentage increase in reserves during these years compared to previous year are:

For 1992 – 1993 = [ *100] % = 40.91%.

For 1994 – 1995 = [ *100 ] % = 33.33%.

For 1996 – 1997 = [ *100 ] % = 38.46%.

For 1997 – 1998 = [ *100 ] % = 16.67%.

Clearly, the percentage increase over the previous year is highest for 1992 – 1993.

Question 4:The foreign exchange reserves in 1996-97 were approximately what percent of the average foreign exchange reserves over the period under review?

Solution:

Average foreign exchange reserves over the given period

= [ x (2640 + 3720 + 2520 + 3360 + 3120 + 4320 + 5040 + 3120) ] million US $

= 3480 million US $.

Foreign exchange reserves in 1996 – 1997 = 4320 million US $.

Therefore Required percentage = ( x 100 ) % = 124.14% ~= 125%.

Question 5:What was the percentage increase in the foreign exchange reserves in 1997-98 over 1993-94?

Solution:

Foreign exchange reserves in 1997 – 1998 = 5040 million US $.

Foreign exchange reserves in 1993 – 1994 = 2520 million US $.

Therefore Increase = (5040 – 2520) = 2520 US $.

Therefore Percentage Increase = ( x 100 ) % = 100%.