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kumarnitin

· started a discussion

· 1 Months ago

its 1.2 or 12%

Question:

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


The table given below shows the sales and expenditure by value (in crores of Rs.) of an international retail outlet in six different cities in three years. Study the table and select the most appropriate answer.

-

Year

New York

Mumbai

Bangkok

London

Paris

Shanghai

Sales

2008

204

212

216

230

209

176

2009

250

239

290

214

243

182

2010

360

330

306

358

312

264

Expense

2008

94

79

102

108

82

63

2009

112

92

126

90

122

66

2010

140

172

128

144

138

110

Tax

2008

28

32

26

16

20

24

2009

32

18

38

22

24

16

2010

46

40

34

42

38

30

Net profit = sales – (Expense + Tax)


In how many cities tax is less than 12% of the sales in 2010?

Options:
A) Five 
B) Two 
C) One
D) Four 
E) Three
Solution:
 From the table, it can be observed that only in Bangkok, London and Shanghai, tax is less than 12% of the sales in 2010.

Knowledge Expert

· commented

· 1 Months ago

Dear student,
The error has been fixed. Keep learning with us.
Regards,
Team TR

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