Year with the Highest Total Expenses from Primary and Secondary Split

Company: Tata Steel_11oct

Difficulty: medium

Problem Statement

Question 1

A company's expenses are split into Primary expenses and Secondary expenses, where Total expenses = Primary expenses + Secondary expenses. Primary expenses consist of Salary and Rent & Marketing. The figures are: | Year | Salary (million $) | Rent & Marketing (million $) | Secondary expenses as % of total expenses | | --- | --- | --- | --- | | 2016 | 200 | 140 | 15% | | 2017 | 240 | 160 | 20% | |