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  • Directions for question: Bengaluru, India, based Ekart logistics Pvt Ltd is without any trace of doubt the largest Indian origin e-commerce and

Directions for question:

Bengaluru, India, based Ekart logistics Pvt Ltd is without any trace of doubt the largest Indian origin e-commerce and business services transporter in the country, with its own fleet of aircrafts, heavy duty trucks and transporting vehicles. The following two bar graphs depict the inflow and outflow of funds on various heads as a percentage of the total of Ekart logistics Pvt Ltd in 2022 :

The profit made would be the inflow value minus the outflow value.

Question:

If in 2021, the value of the quantity of the different heads of outflow of funds of Ekart logistics Pvt Ltd were the same as in 2022 except Wages, which was 12 percent less than the value of the same in 2022, what was the percentage (rounded to two decimal places) of Fuel compared to the total outflow of funds in 2021 ? 

 

Option: 1

20.75


Option: 2

-


Option: 3

-


Option: 4

-


Answers (1)

best_answer

Let the total outflow of funds of Ekart logistics Pvt Ltd in 2022 be 100x

So, value of Wages in 2022 = 30% of 100x = 30x

Also value of Fuel in 2022 = 20% of 100x = 20x

Hence the deficit of outflow under the head of Wages of Ekart logistics Pvt Ltd in 2021 = (12*30x)/100 = 3.6x

The outflow under the head of Fuel of Ekart logistics Pvt Ltd in 2021 remains the same at 20x

Thus total outflow of funds of Ekart logistics Pvt Ltd in 2021 = 100x – 3.6x = 96.4x

Hence, the percentage of Fuel compared to the total outflow of funds in 2021 = (20x*100)/96.4x = 20.75%

 

Posted by

Kuldeep Maurya

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