If the overhead expenditure of a product in 2017 increased by 45% compared to that in 2016, what is the percentage increase of the overhead expenditure in 2017 over the overhead expenditure in 2011?

Given:
- Overhead expenditure in 2016 = ₹160,000
- Overhead expenditure in 2011 = ₹120,000

Question

If the overhead expenditure of a product in 2017 increased by 45% compared to that in 2016, what is the percentage increase of the overhead expenditure in 2017 over the overhead expenditure in 2011?

Given:
- Overhead expenditure in 2016 = ₹160,000
- Overhead expenditure in 2011 = ₹120,000

Accepted Answer

**Solution:**

1. Calculate the overhead expenditure for 2017:
   - Given that the overhead expenditure in 2017 increased by 45% over 2016.
   - Overhead expenditure in 2016 = ₹160,000
   - Therefore, overhead expenditure in 2017 = 160,000 + 45\% 	imes 160,000 = 160,000 	imes 1.45 = ₹232,000

2. Given overhead expenditure in 2011 = ₹120,000

3. Find the difference between 2017 and 2011 overhead expenditures:
   - Difference = 232,000 - 120,000 = ₹112,000

4. Calculate the percentage increase of 2017 over 2011:
   $$	ext{Percentage increase} = \left( \frac{112,000}{120,000} ight) 	imes 100 = 93\%$$

**Answer:** $93 \%$

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