If A's income is 12 % more than B's income, B's income is how much less than A's income?
Answer & explanation
Correct answer: option 2
Let B's income be ₹100.
Then A's income is 12% more, so:
$A = 100 + 12 = \text{₹112}$
Now, B's income is less than A's by:
$112 - 100 = \text{₹12}$
Percentage by which B is less than A:
$\frac{12}{112} \times 100 = 10.714\% \approx 10.7\%$