Question

A fast food restaurant pays 340 lakhs as royalty to
the parent company, on the first 38 crores of
revenue per year. For revenues exceeding
8 crores, a royalty of *4 lakhs is paid for every
1 crore revenue in excess of 8 crores. By how
many percentage points does the royalty paid
(as a % of annual revenue) vary across two years
when the restaurant's revenues were 15 crore and
220 crore?​

Answer 1

A fast food restaurant pays 340 lakhs as royalty to

the parent company, on the first 38 crores of

revenue per year. For revenues exceeding

8 crores, a royalty of *4 lakhs is paid for every

1 crore revenue in excess of 8 crores. By how

many percentage points does the royalty paid

(as a % of annual revenue) vary across two years

when the restaurant's revenues were 15 crore and