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    Question

    Find the total amount allocated to the Development

    department over the five years and calculate its percentage share of the total budget allocated across all departments over these five years. A company distributes its yearly budget among five departments: Research, Development, Marketing, HR, and IT. The table below shows the percentage allocation of the budget to each department over five years. The total budget for each year is ₹500 crores.
    A ₹600 crores, 24% Correct Answer Incorrect Answer
    B ₹610 crores, 24.8% Correct Answer Incorrect Answer
    C ₹620 crores, 24.8% Correct Answer Incorrect Answer
    D ₹620 crores, 24.4% Correct Answer Incorrect Answer

    Solution

    Total allocation to Development over the five years: Development allocation = (25% of 500) + (24% of 500) + (26% of 500) + (25% of 500) + (20% of 500) = (125 + 120 + 130 + 125 + 100) crores = ₹600 crores. Total budget across all departments over the five years: Total budget = 500 × 5 = ₹2500 crores. Percentage share of Development: Percentage = (Development total / Total budget) × 100 = (600 / 2500) × 100 = 24%. Correct answer: a) ₹600 crores, 24%.

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