📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    Question

    A company’s expenditure on three departments over four

    years is as follows (in thousands): What is the total percentage increase in expenditure on R&D from 2020 to 2023?
    A 50% Correct Answer Incorrect Answer
    B 66.67% Correct Answer Incorrect Answer
    C 75% Correct Answer Incorrect Answer
    D 80% Correct Answer Incorrect Answer

    Solution

    Expenditure in 2020 = 150 Expenditure in 2023 = 250 Increase = Expenditure in 2023 - Expenditure in 2020 Increase = 250 - 150 = 100 Percentage Increase = (Increase / Expenditure in 2020) * 100 Percentage Increase = (100 / 150) * 100 = 66.67%

    Practice Next
    More Algebra Questions

    Relevant for Exams:

    ask-question