CLEAR
Toprankers-Info

+91 7676564400

Mobile App

Get it on Google Play
Discussions
Tags:

Articles

Discussions
Submit Discussion
Ganesh Zalte

· started a discussion

· 1 Months ago

value of year 2002 (Question: 172272.1 )

value of year 2000 and 2002 are not understandable

Question:

DIRECTIONS: Study the following graph and table carefully to answer the questions that follow:


Federal Expenditure in Fiscal year 2002



Budget ($ billion)

1

National defense

346

2

Social security

289

3

Interest on government debt

206

4

Health

195

5

Transportation, commerce and housing

185

6

Others

211


Total

1432

Bar graph shows percentage of federal expenditure as compared to total state and local expenditure in the given years. 


What is the combined state and local expenditure in 2003? (Refer to the data given in the previous question, if necessary)

Options:
A) $1205 billion
B) $1313 billion
C) $1562 billion
D) $1745 billion
E) $1457 billion
Solution:

Ans: (b) Federal expenditure in 2003 = 1432 × 1.1 = $1575 billion. Federal expenditure is 120% of combined local and state expenditure in 2003.

∴ Combined local and state expenditure in 2003 = 1575 × 100/120 = $1313 billion.  

Knowledge Expert

· commented

· 1 Months ago

See the graph its: 60 and 100% respectively
-logo
We at aim to provide most comprehensive content & test for practice which is carefully divided into various chapters and topics to help you focus on your weak areas.Our Practice mock test gives you unmatched analytics to help you realize your strong areas,time management and improvement areas.Our Short & Crisp notes on each topic will help you to quickly revise the topic along with the tips & tricks of the exams.
More About
-Info
-Info

Mobile App

Get it on Google Play
About Us Campus Ambassador Careers Contact Us Refund Policy

All Rights Reserved Top Rankers

User Policy
Disclaimer
Terms & Conditions