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

    Question

    If the budget for Marketing and Operations is expected

    to increase by 20% and 15%, respectively, what will be the new total budget for these two departments? Pie Chart: Distribution of a Company’s Annual Budget (₹12 crore) Across Five Departments
    A ₹3.84 crore Correct Answer Incorrect Answer
    B ₹4.02 crore Correct Answer Incorrect Answer
    C ₹4.20 crore Correct Answer Incorrect Answer
    D ₹6.36 crore Correct Answer Incorrect Answer

    Solution

    Budget for Marketing = 25% of ₹12 crore = 0.25 * 12 = ₹3 crore New Marketing budget = 3 + (20% of 3) = 3 + 0.6 = ₹3.6 crore Budget for Operations = 20% of ₹12 crore = 0.20 * 12 = ₹2.4 crore New Operations budget = 2.4 + (15% of 2.4) = 2.4 + 0.36 = ₹2.76 crore New total budget for Marketing and Operations = 3.6 + 2.76 = ₹6.36 crore Correct Answer: d) ₹6.36 crore

    Practice Next
    More Quant Miscellaneous Questions

    Relevant for Exams:

    ask-question