Quote:
Originally Posted by AamirLKR
It was very easy.
Ans A. all expenditure=100% then, others=100-15-8-10-26-15-10. So its answer was 16%
Ans B. utilities=8/100=.08, rent=26/100=.26, food=15/100=.15
Ans C. As expenditure is 8% then, 11600*100/8=145000.
Ans D. expenditure on others in 24000 income is 24000*16/100=3840. now others include three things one is saving which ratio is 3/8. So Saving will be 3840*3/8=1440.
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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. I need urgent help with this question. Anyone please?