Question

If the industry sectors are ranked on the basis of 'Tax paid as a proportion of sales' in the ascending order, then which industry will be placed at rank 3?

• A. Machinery
• B. Electricity
• C. Diversified
• D. Food

Hint:

Always convert financial data into proportional metrics to rank fairly across unequal totals.

Answer 1

The Correct Option is C

Calculate Tax/Sales: 

Machinery: \( \frac{5,001}{67,005} \approx 0.0746 \) 

Electricity: \( \frac{2,394}{82,308} \approx 0.029 \) 

Diversified: \( \frac{2,394}{128,125} \approx 0.0187 \) 

Food: \( \frac{7,467}{98,476} \approx 0.0758 \) Order: Diversified<Electricity<Machinery<Food So rank 3 goes to: Diversified