Quote:
Originally Posted by Anum Zara
You have calculated (D) part of 7th Q wrong.
Total earning was Rs. 24000 but ratio was given for other expenses. Other expenses were calculated in (A) part and answer was 16 %.
Other expenses= Rs. 24000×16/100
= Rs. 3840
As savings was 3/8 So,
Rs. 1440 was the right answer.
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I have a lil bit of confusion in this part of question. Can you please help me with it. We have to calculate savings from 'other' expenditure not from the monthly income 24000. I get that, but from the pie chart in the figure we know that 'other' represents 16% of total expenditure. Which is Rs.145000, not 16% of monthly income i.e 24000. Then why are we calculating 'other' expenses as 16/100*24000? Why not 16/100*145000? What if the figure 24000 in the statement is misleading?
If we assume 16% of 24000, that would disturb the whole pie chart and figures won't add up.