In 2023, approximately what percent of the total revenue came from books?
2024
In 2023, approximately what percent of the total revenue came from books?
Answer: A. 46% — ConceptA part as a percentage of a total is found by dividing the part by the total and multiplying by 100. For an approximate percentage, calculate the exact…
- A.
46%
- B.
55%
- C.
35%
- D.
25%
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Show answer & explanation
Correct answer: A
Concept
A part as a percentage of a total is found by dividing the part by the total and multiplying by 100.
For an approximate percentage, calculate the exact percentage first and then round it to the nearest offered value.
Application
For 2023, the total revenue is ₹40 lakh + ₹54 lakh + ₹79 lakh = ₹173 lakh.
The books share is (₹79 lakh ÷ ₹173 lakh) × 100 = 45.66% approximately.
Rounding 45.66% to the nearest whole percent gives 46%.
Cross-check
Calculating 46% of ₹173 lakh gives ₹79.58 lakh, which is close to the tabulated books revenue of ₹79 lakh; the small difference is due to rounding.
Therefore, approximately 46% of the total revenue in 2023 came from books.