This question belongs to Data Interpretation Table Chart

Read the following information

Directions (1 - 5): Study the table and answer the given questions.
Note:
I. Net revenue = Gross revenue - Amount allocated for commission – Amount allocated for discount and others.
II. Few values are missing in the table (indicated by - ). A candidates is expected to calculate the missing value, It is required to answer the given question on the basis of the given data and the information.

Months	Gross Revenue	Amount Allocated for Commission	Amount Allocated for Discount and Offer	Net Revenue
March	Rs. 360000	Rs. 31200	-	-
April	Rs. 320000	Rs. 28000	Rs. 16000	-
May	-	-	Rs. 36000	Rs. 336000
June	-	Rs. 42000	Rs. 30200	Rs. 330000
July	-	Rs. 40000	Rs. 28000	Rs. 362000

Table Chart

Amount allocated for commission in March is what percent less than the amount allocated for commission in July ?

A) 24% B) 18% C) 28% D) 32% E) 22%

Answer & Solution

Correct Answer: Option E

Amount collected for commission in March = 31200
Amount collected for commission in July = 40000
∴ Required percentage
= $$\frac{8800}{40000}$$ × 100
= 22%

Question posted by Examveda

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Amount allocated for commission in March is what percent less than the amount allocated for commission in July ?

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