Skip to content

CMA Foundation · Fundamentals of Business Mathematics and Statistics · Statistical Representation of Data

In a percentage component bar chart, a firm's total cost of ₹8,00,000 consists of materials ₹3,20,000, labour ₹2,40,000 and overheads the balance. What percentage of the bar's height will be shown for overheads?

Overheads occupy 30 percent of the bar. Overheads equal 8,00,000 minus 3,20,000 minus 2,40,000, which is ₹2,40,000. Dividing by total cost of ₹8,00,000 and multiplying by 100 gives 30 percent, and the components then sum to 100 percent.

  1. A20%
  2. B25%
  3. C30%Correct
  4. D35%

Explanation

Overheads = 8,00,000 − 3,20,000 − 2,40,000 = ₹2,40,000. Percentage = 2,40,000/8,00,000 × 100 = 30%. Check: materials 40% + labour 30% + overheads 30% = 100%.

Did you get it right without looking?

One question tells you little. A timed set on Statistical Representation of Data shows your real accuracy, how long you take and where you lose marks.

Practise Statistical Representation of DataFree diagnostic mock

More Statistical Representation of Data questions